Page 23 - Abyssinia Busniess Network November 2019
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hospitality academy in partnership                                 destinations in the same manner.  If we
             with the local government.                                         are truly taking about transforming our
                                                                                tourism, we have to have exceptional
                                                                                accommodations,  not  just  here  in
             “If  we  are  truly  talking  about                                Addis, but  throughout  the  country.
             transforming    our     tourism,                                   Unfortunately, the current boom,
             we  have  to  have  exceptional                                    for most part is only here in  Addis
             accommodations,  not  just  here                                   and this is not  helping  our cause  by
             in  Addis,  but  throughout  the                                   itself.  Going forward, the  regional
             country.”                          Next to Oil,                    governments need to put forward an
                                                                                incentive scheme that is worthwhile of
             When do you expect the academy                                     the investor’s effort.
             to be built?                          Coffee is                    Lastly, tell us a bit about your business

             The establishment of an academy of                                 group?
             multi-million  dollar  investment.  the second                     Our Hospitality group was founded a
             this caliber represents a significant,

             We are forging for a public-                                       little over a decade ago with a passion
             private  investment  partnership        biggest                    and purpose to build an organic strong
             arrangement.  The association will                                 African brand against  the backdrop
             take a lead role by raising up to 50%                              of other long existing multinational
             of the overall investment as a show   commodity                    players. As part of our growth strategy,
             of commitment,  with  government                                   we have been exploring opportunities
             matching  the raised funds and            in the                   in the coffee sector and we have now
             allocating appropriate size plot for                               officially  launched  a  coffee  flagship
             construction.                                                      brand for the Continent. I really believe

                                                                                and it is t time  that  we as a private
             Why public-private?               world today                      that we have a great value proposition,
                                                                                sector and a country take a leading
             It is a preferred vehicle because it   and over                    role  in  commercializing  coffee,  not
             allows for such initiative  to be a                                just as green coffee, but as value-added
             possibility, while ensuring efficient                              commodity.
             timeline for completion. This model    3 billion
             will  also  allow us to  concretely                                Why Coffee and what is the inspiration
             respond to the country’s need for     cups are                     behind the brand name hadero?
             high quality  hospitality  education
             needs. Further, the industry is now                                Well, how much time  do you have?
             an important source of employment   consumed                       [..laughing]Next  to  Oil,  Coffee  is
             and   has   consequently   been                                    the second biggest commodity in the
             identified as one of the avenues to                                world today and over 3 billion cups
             end poverty.                               daily                   are consumed daily. As the originator
                                                                                of  coffee  and  largest  exporter  of
             What  strategies  and  directions                                  green coffee in Africa, we are on the
             do you set to push forward in the                                  bottom of the supply chain and we
             sector?                                                            at  hadero aspire  to change this for
                                                Tourism cause.  Currently we    the  better. Hadero is a small  town
             As a board member of the Tourism   are advocating the government   located  Southern  Ethiopia  and  our
             Board, we work with other private   to change the current incentive   brand is inspired by the craftsmanship
             and public  sector  stakeholders   scheme that treats investors    of  the  remarkable  stallholder  coffee
             in championing the Ethiopian       that are willing to invest in our   cultivators of the region.

                                                                    Abyssinia Business Nework ህዳር   2012  / November   2019  21
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