Saturday, October 29, 2016

Protests in Ethiopia Raise Questions for Foreign Investors

Frontera published on 17 October 2016 a commentary titled "Foreign Investors Under Attack in Ethiopia" by Jeremy Luedi, analyst at Global Risks Insights.

The author noted the attacks by protesters on foreign investment in Ethiopia, adding that drought conditions have contributed to the situation. He concluded that the "ham-fisted and belated response from the government only further undermines Ethiopia's image in investment circles."

The Guardian published on 26 October 2016 an account titled "Ethiopia Vows to Protect European Companies after Farms Attacked" by Laura Secorun.

The story concerns two Dutch companies, africaJUICE, owned 10 percent by the Ethiopian government, and FV SeleQt, a vegetable growing company. AfricaJUICE was largely destroyed and remains closed. The story suggests there were questionable land rights given to both companies.

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