Ethiopia anti-government protesters set flower farms ablaze – 10 million Euro investment

Published September 01, 2016 Associated Press

ADDIS ABABA, Ethiopia – A Dutch company says protesters in Ethiopia are torching flower farms as they target businesses with links to the government. Flowers are one of the country’s top exports.

The Esmeralda Farms statement comes amid anti-government protests in the Oromia and Amhara regions in recent weeks that residents and rights groups say have left dozens dead.

The company says its 10 million Euro investment went up in smoke this week in Bahir Dar city and that several other horticulture companies were affected.

Demonstrators have been calling for wider freedoms in this East African country. The Ethiopian Human Rights Council has said government security forces are using excessive force against them.

Ethiopia’s government, a close security ally of the West, is often accused of silencing dissent, even blocking internet access at times.

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Posted by on September 1, 2016. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

2 Responses to Ethiopia anti-government protesters set flower farms ablaze – 10 million Euro investment

  1. Rolf Gautschi

    September 2, 2016 at 5:46 PM

    Protests , wars and so on can happen anywhere in this world. Investors are quiet aware of the risks they are taking when they first evaluate the market. What makes this incident so unusual is the Ethiopian Insurance companies that insured this firms for total coverage are unwilling to pay the investors .All insurance companies that insured are not even willing to accept the claims which is a major violation of international laws which the insurance companies are required to abide by if they want to stay in business .Even if they close the insurance companies and declare bankruptcies we can sue the Ethiopian government itself to pay us for the damage.The Ethiopian government is known for selling the same lands or properties again and again to so many investors ,and this protestors could have been easily stoped but the government let them continue because they figured when we go they can sell it to the next victim investor allover again then someway they chase that investor out sell it to another investor that’s the Ethiopian government way of business the locals know it very well and we foreign investors are really aware of it now.

  2. Zewdu

    September 17, 2016 at 4:45 PM

    @Rolf gautschi

    Does your government,if at all, sell land in the way you bought Ethiopian land at dirt cheap prices? Does it sound fair to you to take fertile land from the locals? The locals do not get even a cent from the revenue the government gets from so-called investors who are neo-colonialists.
    If you want, go to Tigrai and buy land from them. That is only fair. The Tigraians are internal colonizers who do not believe in their Ethiopianess.