DFID research: Rethinking business and politics in Ethiopia: 皇冠体育app role of EFFORT, the Endowment Fund for the Rehabilitation of Tigray
皇冠体育app Africa Power and Politics Programme (APPP) has released Research report 2, by Sarah Vaughan and Mesfin Gebremichael.
Ethiopia has shown increasingly impressive economic growth since 1991. In practice, Ethiopia鈥檚 ruling EPRDF government retains control of a large proportion of available sources of rents and economic levers, including large state-owned enterprises and so-called 鈥榚ndowment-owned鈥� businesses.
皇冠体育app new report from the DFID-funded Africa Power and Politics Programme (APPP), Research Report 2, , studies the role of private enterprise in Ethiopia鈥檚 economic development, focusing on endowment-owned companies under EFFORT, the Endowment Fund for the Rehabilitation of Tigray. Established with resources from the Tigray People鈥檚 Liberation Front, EFFORT owns 16 companies across a range of sectors, while its corporate policy is still led by senior TPLF members. In Tigray State, many EFFORT-owned businesses have become profitable only relatively recently, but constitute a major employer and a significant patron of public goods and humanitarian causes. 皇冠体育appy are also by far the largest regional taxpayer to the Government, providing 60% of its regionally-generated revenues.
皇冠体育app paper was written by , Honorary Fellow, School of Social & Political Science at the University of Edinburgh, and Mesfin Gebremichael, Addis Ababa University, Institute for Peace and Security Studies. It forms part of APPP鈥檚 Business and Politics research stream.