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Lack of info keeping Diaspora away from home: experts

By Tizita Kebede

ADDIS ABEBA(July 7,2008) - Most of the Ethiopia Diaspora would have come home had it not been for lack of available information concerning investment, tourism and a lot other facts and figures about the country, experts attending a meeting on migrants and related issues said on Friday.

Most importantly the participants deliberated up on the pull factors thought are with potential to attract diaspora to engage in investment and other development projects in their country.

During the meeting, the experts reached a consensus that while there exist a "lucrative" economic potential in the Ethiopian private sector market, that has not been promoted in a way that it targets the nationals out side the country.

The experts agreed it would be better if ample work was done in that regard, using TV shows and websites.

Also raised was the need to compile information booklets and guidebooks for diaspora investors, apart from setting up innovative money transfer schemes to reduce high costs of money transfer means for those Ethiopian diaspora who wish to invest in their nation without their physical presence in the country.

The experts' meeting at the Global Hotel was organized by BCaD, an Ethiopian consulting management firm, as one of the "Migrants in the Spotlight" (MITS) campaign.

Whereas MITS is a joint initiative aimed at raising awareness and stimulating action among migrants in Europe to contribute to sustainable development of their country of origin, the firm provides multi-faceted market researches and local information to the campaign and partners based in the Netherlands namely IntEnt (International Entrepreneurship) and HIVOS (Humanist Institute for Co-operation with Developing Countries).

Sofie Ovaa, a representative from HIVOS, told The Daily Monitor that the MITS campaign's contract period of 2008 to 2010, which will address migrant organizations in Europe to reach many more migrants, is now on its preparation phase conducting these expert meetings to gather input from those involved for its multi-media awareness campaign.

She said the campaign message in the Netherlands serves to adjoin the Ethiopian diaspora in Holland with the prevalent opportunities for them to profit from investing in their own country and contribute in the long run for the overall sustainability of the country's economy.

Managing Director of BCaD, Afework Yohannes, said on his part that he was optimistic towards what the campaign can glean in terms of disseminating practical success stories of the Ethiopian business people profiting by investing in their mother nation.

Co-financed by the European Union and to be executed in Europe, the awareness campaign was aimed to collect ideals on marketing and investment opportunities directly from Ethiopian 'ex-diaspora' businessmen engaged profitably in various private sectors in the economy. Representatives from the Ministry of Foreign affairs and the IOM also discussed together and identified practical issues regarding migration to be addressed in the EU.

In an effort to spot concrete illustrations of the private sector potentials from the countries of origin themselves, similar expert meetings were held in four of the countries- Morocco, Suriname, Ghana, and Turkey-where the initiative is currently working on.



 

 

     

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