Oxidant wrote:
Is that all?
Stick to reading your colonial books, you are out of your league here son,
Ethiopia is the one of the most AID assisted nation in the World. In 2008 alone, they were given 3 billions dollars alone by the US. And again in 2010, they have asked for another 1 billion along with AID from China, India and the EU.
Ethiopia is a country depended on AID, Government begged for aid for it's GTP plan

Dependent? Ethiopia will soon be providing neighbouring countries like Sudan and Egypt with electricity. The former Egyptian foreign minister has bought land in Oromia so that it can be a future bread basket for the Egyptians. Soon Ethiopia will provide food aid for their neighbours. This is progress.
The Egyptian Prime Minister, Dr. Ahmed Nazif, led the latest charge of foreign agricultural investment during a January visit to Ethiopia. Nazif, alongside his delegation of several cabinet
ministers and 26 agricultural companies, announced that the state-owned National Bank of Egypt plans to invest USD 40 million in the lease of 49,400 acres of land in the Afar region to grow
cereals. Press reports stated that these cereals would be exported to Egypt despite the GoE’s 2007 “temporary” export ban on all cereals that has never been formally lifted. (Note: It appears
Saudi, Djiboutian, and now Egyptian investors have somehow bypassed this ban, while other investors informed Econoff that they have not been allowed to export cereal grains (reftel). End Note.) The bank is also poised to open an office in Ethiopia to serve existing and new Egyptian projects and plans to offer credit of USD 14.6 million to six Ethiopian banks according to local press reports. (Note: the domestic banking sector is closed to foreign banks; however, other foreign banks such as Germany’s Commerzbank do have offices in Ethiopia to facilitate relations with Ethiopian banks. It is unclear how the National Bank of Egypt could offer credit in Ethiopia in evident violation of banking and financial regulations. End Note.) Beyond the focus on agriculture, Nazif signed a memorandum of understanding with GoE Prime Minister Meles Zenawi to form an Ethio-Egypt Council of Commerce. Meles said during the signing ceremony that relations between Ethiopia and Egypt had evolved from distrust towards friendly cooperation. Other areas of
Egyptian business interest included livestock, drug manufacturing, and hydroelectric power.
Former Nigerian President and Djiboutian President Also Invest
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¶3. (U) Another foreign VIP seen around town and looking for land was the former president of Nigeria, Olusegun Obasanjo. Obasanjo recently leased about five acres of land near Debrezeit, Oromia region (about 50 kilometers east of Addis Ababa) to develop a hotel and tourist destination. In addition, current Djiboutian President Ismael Omar Guelleh recently acquired the right to develop about 2.5 acres of lakeside land in Debrezeit to build a hotel. This acquisition added to the 7,400 acres of farmland Guelleh leased last year in Bale, Oromia region. According to post’s conversations with local agricultural business investors and press reports, this farm has already harvested wheat and other cereals for export to Djibouti.
Private Equity Fund Invests in Fruit Juice Farm
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¶4. (U) South African private equity fund Agri-Vie has also chosen to
invest in Ethiopia’s agricultural sector. The fund invested USD 3.5
million in africaJUICE, a company already in the process of
establishing fruit production and processing operations when Econoff
visited its 3,000 acre operation last year. The Dutch and British
company representatives reported to Econoff that it plans to target
the juice markets in Europe and the Middle East. The company
purchased this farm (not the land) from the GoE and converted it to
produce yellow passion fruit, mango, and papaya.
This is real progress.
Source:
http://www.ethiopianreview.com/content/31257