BOB GELDOF AND HIS EXCELLENCY HAILEMARIAM DESALEGNE OFFER SUPPORT TO VERDE BEEF PROCESSING
ADDIS ABABA, OFFICE OF THE PRIME MINISTER - APRIL 27, 2016
Today His Excellency Hailemariam Desalegne and Sir Bob Geldoff met to discuss the future of Ethiopia, the drought and to indicate their support of Verde Beef Processing.
The meeting was very positive and focused on the benefits of foreign investors establishing for-profit companies in Ethiopia. Particularly the Agribusiness sector has much room for development as it will have the largest possible positive impact on rural poor populations when operated profitably and sustainably.
Very fruitful discussion took place during which Bruce Hamilton, the Managing Director of Verde Beef, outlined the vision of the business and thanked the Prime Minister for the high level of support of the business.
The Prime Minister in turn thanked Sir Bob Geldof for his investment in Verde Beef and reiterated his governments support for the project.
Bob Geldof said “When the leaders sit down at the G8 and talk about agriculture, they are talking about Africa – unbelievable as that may seem. The world needs Africa right now.”
Verde Beef Processing Plc is a world-class operation with current capacity to produce premium corn-fed beef ready for export global distribution. We are a fully integrated facility with irrigated feed production capacity and a new state of the art production facility underway. We will become the largest cattle feedlot operation in Northern Africa with a targeted capacity to feed, process and export more than 130,000 carcasses per year. Verde Beef Processing Plc: working together to create a bright future by building a thriving beef export industry in Ethiopia.