Foreign Flower Firms Flee Ethiopia as Amhara Conflict Intensifies - Capital Newspaper

Foreign Flower Firms Flee Ethiopia as Amhara Conflict Intensifies - Capital Newspaper

International flower companies are fleeing Ethiopia because of a worsening conflict in the northwestern Amhara region, a key flower-growing hub, dealing a blow to one of the country’s major exports…Ethiopia’s cut-flower industry, which generated more than $500 million in revenues last year, is the country’s second-biggest export after the top-earning $900 million coffee sector, according to central bank figures. It has made strong inroads into t…