Africa’s second most populous country, which was ranked the third-poorest in the world in 2000, has seen a meteoric rise through state spending on roads, giant dams and industrial parks. Ethiopia’s services sector has also contributed significantly towards rapid growth. With an annual GDP per capita of USD 80 billion, it is miraculous that Ethiopia has seen poverty rates fall to 31% in less than a decade, making it among the top three fastest growing economies of the world.
The Asian film industry is on track to becoming the largest feature film production market globally. While Hollywood continues to clock revenues in excess of USD 10 billion per year, Chinese cinema is catching its tail with a total earning of USD 8 billion in 2017. South Korea, Japan and the Indian film industries’ revenues are now further ahead than established film markets in France, Germany and Britain.