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 . . ."
8 Miles Investment in Ethiopian Agribusiness
April 25, 2017
"London, UK: 8 Miles LLP, the pan-African Private Equity firm, today announced an investment in Verde Beef Processing PLC, an Ethiopian agribusiness that specialises in producing premium beef in Adami Tulu, Oromia in Ethiopia. The investment of new money will give 8 Miles a significant minority stake alongside the management team and founder investors. The financial details of the transaction have not been disclosed . . ."
The European Business Forum in Ethiopia's interview with Bruce Hamilton
"It is very important to do your preliminary research well and to make sure that your business activities will align with the long term economic goals that Ethiopia set for itself . . . This country has a clear view on how its economic and social development should occur and it has carved out a specific role for foreign investors . . ."