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Ethiopian Franchise and Hotel Operators Seek Expansion Investors
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On 8 November, the African Franchise Expo in Addis Ababa highlighted growing interest in hospitality, food-service and franchise investments. Naflet Hotels said it was developing additional hotels in Addis Ababa and Zeway and seeking individual and...
On 8 November, the African Franchise Expo in Addis Ababa highlighted growing interest in hospitality, food-service and franchise investments. Naflet Hotels said it was developing additional hotels in Addis Ababa and Zeway and seeking individual and institutional investors, while AI-CHA Ice Cream and Tea reported franchise packages priced at ETB 3.2 million each. No separate hotel development budget was disclosed.
The activity creates opportunities for hotel operators, tourism investors, restaurant franchises, leisure suppliers and hospitality consultants. HPC can support hotel investment introductions, franchise partnerships and tourism-sector supplier sourcing.