According to an article by the Economist[Nyse:PSO;LSE:PSON] Ethiopian well run universities are churning out graduates that will find it very hard to get a job in a labor market with very high [70% ]unemployment rates.

What does it mean for the mid-size companies in Ivory Coast , the start-ups in Kenya & Nigeria, the corporation in South Africa and even state-owned companies  operating in Africa ?
It means that a well educated unemployed or underemployed work force[ coming out of institutions such as University of Arba Minch] is waiting for audacious Human resource managers from companies [operating in well to do African economies] to hire and put them to good use.
Knowledge-based products and services producing companies have for major cost their labor and not equipment,inventory or commodities. A cheaper knowledge work force is the ultimate goal to reach as far as the HR & accounting department are concerned.
If I was the Head manager of a company[ I am now but ..], I would seek to see how to benefit from the well trained and cheap labor living just an Ethiopian Airlinesflight away.

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