Allred’s Asphalt Business Proposal
I. Country Background
Ethiopia is a landlocked country within Africa. It is bordered on the east by Eritrea, Djibouti, and Somalia, on the south by Somalia and Kenya, on the west by Sudan, and on the north by Sudan and Eritrea. Ethiopia encompasses a vast 1,104,300 sq km area with a population of 91,195,675 citizens and counting. The governing system in place in Ethiopia is a federal republic. This means that there is a chief of state, or a president, and a head of government, or a prime minister. The political party voted into office in 2010 is the Ethiopian People's Revolutionary Democratic Front (EPRDF). The EPRDF is represented by the chief of state is President Girma Woldegiorgis, and the chief of government is Prime Minister Hailemariam Desalegn who, prior to his approval as prime minister in September 2012, had been acting prime minister due to the death of former Prime Minister Meles. The derivation of the law is a combination of both common and civil law. Ethiopia has a traditional economic system in which the allocation of available resources is made on the basis of primitive methods and many citizens engage in subsistence agriculture. The PPP GNI per capita of Ethiopia as of 2011 is $859. The PPP GNI of Ethiopia as of 2011 is 94,252,922,933. The Birr is the national currency for the country and it is freely exchanged on the world market. Ethiopia is a member of the African Union (AU), African Economic Community (AEC) and Common Market for Eastern and Southern Africa (COMESA). There are several abundant natural resources within the county, among them are: Gold, marble, limestone, tantalum, potash deposits, natural gas, and iron ore. Ethiopia’s largest export is coffee making up 30.6% of its GDP, followed by gold which makes up 17% of its GDP. Other exports include finished leather goods, pulses, oilseeds, and cut flowers. Ethiopia is entirely dependent of...