Addis Ababa October 16/2020 (ENA) Ethiopian Airways and USAID have signed a Memorandum of Understanding for a brand new partnership that can allow the nation’s flagship provider to supply regionally grown merchandise for in-flight meals right now.
Ethiopian Group CEO Tewolde Gebremariam and US Ambassador to Ethiopia Michael Raynor signed the MoU.
With an preliminary USD three million, USAID will present farmers and meals producers technical help and entry to finance as a way to be sure that they meet the catering requirements and quantity of Ethiopian Airways.
Moreover, the enterprise linkage will assist farmers and native agribusiness attain a outstanding new market and improve income streams with annual gross sales as excessive as 10 million USD whereas offering Ethiopian farm-fresh components, it was realized.
US Ambassador to Ethiopia, Michael Raynor stated: “The partnership we are launching today demonstrates what is achievable when prominent businesses like Ethiopian Airlines invest in other Ethiopian businesses and individuals, resulting in the truly home-grown economic success that has the potential to be a model for other sectors.”
Ethiopian CEO, Tewolde Gebremariam stated, “the new partnership consolidates our effort to continue providing high-quality in-flight meals to global passengers while intensifying our effort in creating an enabling environment for local farmers across the value chain.”
Stating that the airline’s annual expense of imported meals provide reaches 1 billion Birr, he acknowledged that “this is a good opportunity to be able to substitute it locally.”
The partnership will run via 2022 and can assist pave the best way for Ethiopian Airways and native producers and farmers teams to proceed the provision linkage and partnership into the long run.