Ethiopia: Coca-Cola returns to Ethiopia but drains country's foreign exchange reserves

The American soft drink Coca-Cola has become a symbol of Ethiopia's deepening financial troubles. The beverage is flowing again after a brief pause, even though it drains the country's precious foreign exchange reserves. - Truckloads of Coca-Cola began rolling out of the bottling plant in Addis Ababa Friday, ending a nearly two week Coke-drought. The local bottler had to shut down this month when it became impossible to obtain the hard currency needed for imports such as bottle caps.

Read full article [voanews.com]

Print | posted on Friday, March 27, 2009 4:34 PM

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