"Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market."

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Thematic Reflection

This quotation examines the core nature of Work as articulated by Eleni Zaude Gabre-Madhin. Within historical and literary traditions, reflections on Work provide actionable mental models, challenging individuals to evaluate personal ethics, self-discipline, and daily actions.

About Eleni Zaude Gabre-Madhin

Eleni Zaude Gabre-Madhin is an Ethiopian economist, and former chief executive officer of the Ethiopia Commodity Exchange (ECX). She has had many years of experience working on agricultural markets – particularly in Sub-Saharan Africa – and has held senior positions in the World Bank, the International Food Policy Research Institute, and United Nations.

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