NEAD AS, Brief Company Profile the Mother Company: NEAD AS (Norwegian Ethiopian Agricultural Development As): a Norwegian Shareholding Company

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NEAD AS, Brief Company Profile the Mother Company: NEAD AS (Norwegian Ethiopian Agricultural Development As): a Norwegian Shareholding Company NEAD AS, brief company profile The mother company: NEAD AS (Norwegian Ethiopian Agricultural Development as): A Norwegian shareholding company. The shareholders are Norwegian and Ethiopian citizens. The head-office is in Oslo, Norway. The Ethiopian subsidiary: BAC (Berhan Agricultural and Commercial plc): Fully owned subsidiary. The head-office is in Addis Ababa The Plantation: Genika Forest plantation, owned and operated by BAC. It is located in the Bench Maji Zone, in the SNNPR region. Nearest town is Mizan Teferi. Company business The activity: Green coffee is produced by the plantation. Most of the coffee is exported, some of it to Norway. In Norway, green coffee is sold to roasters (also in Sweden and Germany). Roasted coffe is sold directly to consumers, and to shops. The Genika Forest Coffee Plantation The Genika Forest Plantation is located in • the Guraferda Woreda, in • the Bench Maji Zone, in • the Southern Nations, Nationalities and Peoples Region (SNNPR) The Genika Forest coffee plantation The Genika Forest Coffee Plantation is located in the Bench-Maji zone in western Ethiopia (SNNPR, “Kaffa”), close to the Sudanese border. This is the area of origin for all Arabica coffee in the world, and coffee grows wild in the forests. The altitude of the plantation is about 900-1200m, and the coffee is shade grown “forest coffee”. The farm covers about 1000 hectares. An active development project was started in 2017 From seeds to cherries Drying beds Pulpery w. drying beds Contribution to local development • NEAD’s presence and activity is important for the local community: – Provides employment and income – Contributes to infrastructure development • Road improvement (Norad support in 2011/2012) – Community support (In co-operation with Lions Clubs in Norway) • Supports the local school • Building Health Post The Majangir school – NEAD and friends in Norway provided materials for roofing of new building for grades 6 &7, and 60 desks. Installed Solar panels for light. Preparing new, permanent school building. The Plantation Kindergarten Old and New Health Post .
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