Recent developments in policy initiatives as well as some current practical events have combined to put the spotlight on the issue of industrial embeddedness in sub-Saharan Africa. It is likely that supply-related factors may be more relevant in a sub-Saharan African (SSA) context. This paper contributes to the debate by conceptually fine-tuning the supply-side argument and empirically situating the investigation within the context of a typical SSA economy. In accordance with the expectations, results reveal that no other factor than local supply potentials is more important in explaining the incidence of industrial embeddedness in the small landlocked country of Lesotho, which is chosen for this study.