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Diaspora and Investment: The case of “Kurat be Ethiopia” and Mediators Effort

Diaspora and Investment: The case of “Kurat be Ethiopia” and Mediators Effort

May 03, 2016

The Ethiopian Diasporas particularly those living in the Western World have been vocal ever since EPRDF came to power. It is understandable why most of them are vocal against EPRDF. Some of them are left over of the Feudal regime, the Derge and the many hodgepodge political organizations that ceased to exist once EPRDF came to power!  Over the years, support for EPRDF among these groups has been improving for many reasons. Some of them have realized that EPRDF is not a bad organization. For some the failure of Kinjit's demise was so traumatic they wanted to heal themselves by engaging and supporting EPRDF. Yet, for some the death of Meles was an opportune moment to support EPRDF and bring change that goes along their “one" Ethiopia dream totally dismissing the rights gained by the different nationalities!

 Few among the latest diaspora who joined the EPRDF wagon are found in paltalk. Too good to be true, these folks with the support of others who defended and supported EPRDF all along were courageous enough to start a business venture in Ethiopia last summer.  EPRDF embraced the group early on since starting a business was in line with EPRDF’s message that Ethiopia has no other enemy worse than poverty! Every little bit helps!

The issue for the diverse political background of the investors was never entertained therefore this bold venture was a tall order to make it work! Nevertheless, Ministers and EPRDF officials were excited to see such group emerge! They went out of their way to facilitate the group and welcome the leaders and gave them unprecedented access to government officials and offices! They were allowed to establish a share company even before the money for the investment was collected!

 We said earlier “too good to be true” well it was not without reason, here is why! Today the group is cutting each other’s throat and all the good gesture(s) by the EPRDF government has been nullified. Below are three reports- one from the mediator group and another from the chairperson of the mediator group as an individual.  We are not sure the two reports have any legal value but it is posted here since most of our readers are from Diaspora with interest on the investment! We think they can benefit from reading the report. We also think the government will benefit since many people believe the mediators were working with full knowledge of the government.

Note: The meditators were accepted by both sides. The investment group has 11 members as board members and the board members were divided eight to three on the issue(s). The mediator team comprised of five people and as far as we can tell they all have agreed on one Report. For now Kalikdan’s Report2 is only his! The other four members have distanced themselves and issued their own Report3.

  Aigaforum May 03, 2015

 


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