October 30 - Events for the Week, Addis Ababa, Ethiopia

Friday '30

- Poster Exhibition @Goethe

- Dance by Destino @Mega Amphitheater [0911145571/622898] 

- Re-Imagining Resilience @Elilly 

- Ethio5P @Expo [0935999177, 0911249814] Till Nov 1

- Art Exhibition "AFERSATA" @National Museum, Till Nov 8

- Laughly Living @Khul 6pm [0913280088]

- Youth Speak Addis forum @Oromo Cultural Center [aiesec.ethiopia@aiesec.net]

Saturday '31

- Open Day @Regina Family Center 10am-5pm [0911433855]

- NGO Bazaar @IEC [011 3712073/1962] 8.30am

- Career Fair @UNECA [0931412607, 0911211992] 

- Laughter Day Meets Halloween @Khul [0913280088]

Tuesday '3

- AWiB Panel Discussion @Hilton 5.30pm

- ChangeMaker Tuesdays @Asni Gallery 6PM

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October 23 - Events for the Week, Addis Ababa, Ethiopia

Friday '23

- Poster Exhibition @Goethe Till 30th

- Art Exhibition "ATO KLAUS: Branches & Bones" @Alliance 

- FASHION WEEK - ORIGIN AFRICA 2015 @Millennium 

- Open House Addis @Ries Engineering [0114421133]

Saturday '24

- Life Leap with NLP @Khul Center 8.30am [0913280088]

- Cinema & Discussion "THROUGH A LENS DARKLY" @Alliance 2.30pm

- Beverage World Exhibition & Festival @Exhibition Till 27th

Monday '26

- Literacy Hackathon @ICEADDIS Till 28th

Wednesday '28

- Ethiopia Summit (Economist) @Sheraton

Thursday '29

- Ethiopia Summit (Economist) @Sheraton 

- ImpactHub: Re-Imagining Resilience @Elilly Hotel Till 30th

- Happy Hour with the ICT Biz Community @Hilton [RSVP: info@ictet.org, 0922-44-77-77]

- Ethio5P @Expo [0935999177] Till Nov 1st

- "Woket" "Qene" and "Ene Man Negn" by Destino Dance @Mega Amphitheater [0911145571] Till 30th

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October 16 - Events for the Week, Addis Ababa, Ethiopia.

Friday '16

- Poster Exhibition @Goethe Till Oct 30

- Art Exhibition "ATO KLAUS: Branches & Bones" @Alliance Till Oct 23

- Arab Ethiopian Exhibition and Conference @Expo Till Oct 18

Saturday '17

- Cartoon "ZOU" @Alliance 10.30am

- Public Talk - QuEsTiOnS To renovate your Life! @Khul 5-7pm [0913280088]

- Taste of Addis Food Festival @Tropical 

- National Workshop to Launch a New Industry-tailored Telecommunication Engineering Master's Program, @Elilly International Hotel 8.30am-3pm

- Day Trip: Pizza & Beer, BLUE NILE Gorge [tatuethiopia@gmail.com]

Sunday '18

- Taste of Addis Food Festival @Tropical 

- Visit: Architectural Addis (Meeting Point - Hilton) 10am [500ETB]

- AddisTech Meetup @Laparissiene Cafe (Sheger) 2pm 

Wednesday '21

- FASHION WEEK @Millennium  Till Oct 23

 

Thursday '22

- Training: Optimizing the Business Operating Model @Khul 8.30am-12pm [0913280088]

- Discussion on Investment Opportunity in UAE @Wabe Shebele Hotel 2pm

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October 9 - Events for the Week, Addis Ababa, Ethiopia.

Friday '9

- Poster Exhibition @Goethe Till 30th

- European Film Festival 

--- @Goethe 4 pm (Netherlands - Finn)

--- @Goethe 6.30 pm (Poland - Gods)

- Sydney Salmon @Alliance 8pm

- Cosmetics & Beauty Fair @Millennium Till 11th [0938767676]

- Yoga Retreat @Bale Lodge [0930033414, 0929133718]

- Book Presentation - Landscapes and Landforms of ET @Italian C.I. 4pm

- ADDISBUILD @Expo Till 12th

 

Saturday '10

- European Film Festival 

--- @British Council 4 pm (United Kingdom - Paddington)

--- @British Council 6.30 pm (Portugal - The Strange Case of Angélica)

  

Sunday '11

- Visit about Teff 9am-4pm @local village on the Addis boundary [700ETB, tatuethiopia@gmail.com]

- Jazz Concert @Juventus 6.30pm

- European Film Festival 

--- @Alliance 4 pm (France - Samba)

--- @Alliance 6.30 pm (Spain - Mientras Duermes)

 

Tuesday '13

- European Film Festival 

--- @Alliance 6.30 pm (Sweden - Ego) 

Wednesday '14

- European Film Festival 

--- @Juventus 6.30 pm (Finland - Le Havre) 

 

Thursday '15

- European Film Festival 

--- @Juventus 6.30 pm (Italy - Leopardi)

- Arab Ethiopian Exhibition and Conference @Expo, Till 18th

Friday '16

- Application Deadline - Literacy Hackathon @ICEADDIS 

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@AHIF_news #AHIF15 Rising Above The Clouds, An Update On Connectivity and Aviation.

@AHIF_news #AHIF15 Rising Above The Clouds, An Update On Connectivity and Aviation

Moderator: Tewodros Tamrat Eshete, Afri Aviation PLC
- Mario Fulgoni, Air Djibouti
- Girma Wake, Rwandair
- Tewolde Gebremariam, Ethiopian Airlines

- African Liberalization Policy
Mario
- Low cost airlines are the way forward
- need infrastructure
- Djibouti: 14.6$ billion investment in infrastructure, tax regime should be conducive for hotels, Djibouti port should be distributing to Africa, 2 new airports,
- In Djibouti the infrastructure is being put in place: now we need cooperation with the hotel industry.

Girma Wake
- Rwandair didn't have an airplane of its own, today 8 airplanes and 4 in order
- it operates to 18 destinations: 17 in Africa and a daily flight to Dubai
- Furthest to the west: Accra
- It's owned by the gov
- 500,000 passengers: not big
- African airlines need the support of gov.s.
- Liberalization has to be in a controlled manner
- Gulf carriers operate in Africa. 80% of traffic is by non-African carriers. When Emirates came into ET they brought new traffic. Emirates flies 4 times a day to Joburg and totally 7 times a day to South Africa.
- A country needs airlines partly to employ people, for tourism, tax
- Kenya Airways were soon very well but when others started operating KA started loosing. So liberalization has to be balanced.
- Rwandair: by 2017, when the new planes are delivered, it will serve to Europe. This will help for tourists. Possibly it will fly to China and India.
- the gov wants to build a sustainable airline
- Connectivity within Africa is poor. It's less connected than the 70s and 80s.

Isayas (EAL)
- EAL: since 1945
- Started with Cairo, Spain, Germany, France
- 52 destinations
- The only continent EAL is not flying is Australia, which is underway.
- Cargo:
- Africa transacts with each other only 10%
- good fleet, hr, infra...planning
- challenges: cost, aviation personnel,
- Success due to: investing and putting the right strategies
- Hotels are not enough in ET.
- Most hotels are booked
- 6.5mil passenger (70% is transit).
- EAL - 400 room nights every day.
- We're building a 500 room hotel.

 

@AHIF_news #AHIF15 Rising Above The Clouds, An Update On Connectivity and Aviation

@AHIF_news #AHIF15 Rising Above The Clouds, An Update On Connectivity and Aviation

Martin Jansen Van Vuuren
- Only 2 airports in top 150
- 2010-15: 45% growth in passenger
- Rise of Ethiopian Airlines
Trends
- Lack of secondary airports
- Rise of the middle class
- Gov charges
- Protectionism & lack of open skies
- New entrants
Drivers of growth: Threats & Opportunities
- new airports built by China
- popn growth and urbanization
- Network formation
Air access & Hotel Dev (a study on 12 countries)
- results in 1.2 million added tourists
- representing 41 hotels

#Ethiopia @AHIF_news #AHIF15 Taking the pulse of Int'l investors, Jonathan Hubbard, JLL; Salim Bitar, Rani Investment; Joram Sengendo, CDC Group; Alexandre Smertnik, Quantum Global; Xander Nijnens, JLL

#Ethiopia @AHIF_news #AHIF15 Taking the pulse of Int'l investors,
Jonathan Hubbard, JLL; Salim Bitar, Rani Investment; Joram Sengendo, CDC Group; Alexandre Smertnik, Quantum Global; Xander Nijnens, JLL

- 57% supply in the north - Egypt, Tunisia, Morocco, SA
- 2.4$ billion per yr
- Investors -
--- 16 to 25% IIR
- Target hotels - corp 56%, leisure 21%
Barriers to investment
- Projects not meeting return thresholds
- Instability
- High dev cost
- Forex access
- Lack of clear exit opportunities
- Lack of access to quality contractors

Jonathan Hubbard, JLL; Salim Bitar, Rani Investment; Joram Sengendo, CDC Group; Alexandre Smertnik, Quantum Global

Salim
- underutilized, underinvested market
- we invest in Mozambique (Maputo)
- mainly stand alone hotels, but we are diversifying to mixed use projects eg. Maputo: Appartment tower that's run by Radisson Blu.
- important to do all projects with high quality
- 3 JVs with local groups: 25-49% in equity

Alexandre
- quality asset: a combination of branding, building...
- the market comes with +s & -s
- things take more time
- local partner is involved heavily
- some banks don't lend

Joram
- Africa: Growth is there
- we want to do biz-having a dev impact
- we prefer to be significant minorities: less than 50% but higher than 10%
- we want visibility, we won't be passive
- we focus on job creation

#Ethiopia @AHIF_news #AHIF15 Unlocking the vault the lenders forum: Daniel Trappler, HTI Consulting Michael Fischer, DEG Chris Oshiafi, Panafrican Capital Sarit S Raja-Shah, I&M Bank

#Ethiopia @AHIF_news #AHIF15
Unlocking the vault the lenders forum:
Daniel Trappler, HTI Consulting
Michael Fischer, DEG
Chris Oshiafi, Panafrican Capital
Sarit S Raja-Shah, I&M Bank

Sarit
- Interest rates fluctuate
- Comm banks sometimes work with DFIs
- Yes, lenders like to see operators
- a mixed use spreads the risk in some cases. The location matters.
- developers usually don't look at pricing, quantity surveys, equity levels, right brands...

Michael
- DFI: we cooperate with comm banks, close r/ship
- there is long term debt available
- we prefer to look at a hotel project rather than a revenue coming from a mixed use.
- dev.s should have equity and funds in place. A land is only as good as what it can generate, not its worth on paper.

Chris
- Most comm banks shy away from hotel projects
- DFIs create long term funding
- Comm banks can go for the construction risk; DFIs can come to the operational risk
- there is a diff between projections and the reality