Selecta One Exits Ethiopia’s Amhara Region Amid Political Instability

Selecta One has decided to relocate its operations from Ethiopia’s Amhara region due to political instability and military tensions, resulting in over 1,000 job losses. The decision emphasizes the challenges faced by businesses amid ongoing conflict.

Selecta One, a German horticultural firm, has announced its decision to relocate operations from Ethiopia’s conflict-affected Amhara region to neighboring Kenya and Uganda. The company cited the ongoing “unstable political situation and tense military environment” as critical factors prompting this move.

In summary, Selecta One’s relocation from the Amhara region underscores the severe implications of political instability on business operations and employment in Ethiopia. With over 1,000 jobs lost and significant impacts on local communities, the horticultural sector remains vulnerable amidst rising conflict. CEO Ansgar Klemm’s remarks highlight the company’s commitment to safety and operational viability, even in challenging circumstances.

Original Source: addisstandard.com