Name: Zelalem Hailu
Education: Degree
Company name: Unique Gifts
Title: Owner
Founded in: 2022
What it do: Sells different kinds of gifts
Hq: Addis Ababa around Mexico
Number of Employees: 1
Startup capital: 20,000 birr
Current Capital:Growing
Reason for starting the Business: To fill the gap
Biggest perk of ownership: Independence
Biggest strength: Creativity
Biggest challenge: Finding market
Plan: Expanding and opening other shops
First career: None
Most interested in meeting: Haile GebreSilassie
Most admired person: Betelhem Tilahun
Stress reducer: Meditation
Favorite past time: Working
Favorite book: Rich Dad Poor Dad
Favorite destination: Italy
Favorite automobile: Hyundai Creta 2022
Anbessa
As I was going over some of the “Doing Business in Ethiopia” articles, I came across Anbessa, based on a wonderful example of world class sportsmanship. I’d like to share it with the reader again as there is much we can learn from it in terms of leadership.
I want to take the reader back to the 10,000-meter men’s final during the 2004 Olympic Games in Athens. I referred to it a few times before in this column, but I want to go a bit deeper into it as I believe there are a few lessons we can learn from it.
The Ethiopian team for this race consisted of Haile Gebre Selassie, Kenenisa Bekele and Sileshi Sihine. Four years earlier, in Sydney, Haile treated us to a nail-biting final, beating Kenyan Paul Tergat, only just on the finish line, while Kenenisa in the following years broke the World Records for both the 5,000 and 10,000 meters. Expectations for this race were high and the Ethiopian team certainly rose to the occasion. The three stayed close together for two third of the race and it was in the 19th minute, after 7,200 metres and with 7 laps to go, that Haile could not keep up the pace anymore of Kenenisa and Sileshi. As the gap between them grew wider, Kenenisa and Sileshi noticed that their hero and role model for years, trailed behind. They looked around several times to see where Haile was and decided to slow down a bit to allow him to catch up. And catch up he did; the crowd went wild. With now still 4 laps to go, Kenenisa and Sileshi stepped up the pace again as the race entered its final stage. Haile had to let go and Kenenisa and Sileshi outran their Eritrean and Ugandan rivals, almost sprinting to the finish line. Gold and a new Olympic record for Kenenisa and Silver for Sileshi were their rewards. Haile crossed the finish line in 5th place. The same night Teddy Afro wrote a song called “Anbessa”, expressing in words and tune, the demonstration of respect and love of Kenenisa and Sileshi for Haile, never witnessed before in the track & field arena. This was truly touching to witness.
So, what is it that we can learn from this, if anything?
In the first place, that it is important to always look around us and see if others that we are close to, can still follow our pace. This is an important principle to follow for anybody who is in a leadership position, whether in the business, the family, in church, at school or indeed in the Government. We need to check always if there is anybody or if there are groups of people that fall behind, that cannot keep up with the pace set by the frontrunners. There are many reasons why some or even many cannot keep up, like for example illness, weakness, poverty, lack of access to resources and services or the lack of opportunity, just to name a few.
The second lesson we can draw from this is that recognising reasons why others remain behind, gives us now the opportunity to do something about it. We can slow down, provide support, help somebody, encourage them, empower somebody, provide opportunities, and show the way. Indeed, Ethiopia enjoys a steep economic growth, but who can keep up with the pace and who is remaining behind? What then can be done to close the gap?
Thirdly, Haile finished 5th and although not fast enough for a medal, that was still a very remarkable result. He still indeed outpaced most of the runners that started the race. But the gap between him and the frontrunners grew wider. We see the same thing happen in economics in general and doing business in particular. While we are trying our best and grow our business and economy at a respectable rate, as long as others go faster, a gap will grow and become bigger as we progress. This is especially apparent in ITC. Internet capacity and speed are growing globally by the day and in most cases faster than we can keep up with here. In other words, the digital divide keeps getting wider and wider. We should not be satisfied with the apparent speed of our development but instead aim to catch up with the frontrunners, lest we keep falling behind.
Fourthly, as the runners crossed the finish line one by one, the three Ethiopian team members quickly found each other and celebrated the victory together. Holding the Ethiopian flag together, they enjoyed the cheers from the crowd and displayed a true team spirit to the world. Even though Haile did not win a medal this time, his contribution to the team was priceless, as the three of them set the pace of the race for 18 laps or 7200 meters. Recognising the contribution of all team members is so important if the team is indeed to accomplish such remarkable achievement.
Finally, Haile had been the world champion on the 5,000 and 10,000 meters for a number of years and now the time had come for others to take over. Haile allowed this to happen happily and with pride. In fact, he himself pushed Kenenisa and Sileshi to the limit and made them succeed. He truly groomed them to take over. As we all play a leadership role in our work, at home and in whatever position we hold, it should be all our desire and aim to groom the younger talents around us and help them grow and succeed and be ready to take over from us. Only then, whatever we achieved, will be sustained. We can all be the lion that Teddy Afro sang about. Anbessa!
Ton Haverkort
ton.haverkort@gmail.com
The COP of No Return
The human cost of climate change is making headlines almost daily. In a world of rising geopolitical tensions and daunting economic challenges, how can we seize the opportunity the upcoming UN Climate Change Conference offers to inspire an approach to mitigation and adaptation that is based on trust, justice, and equity?
Some fear that this year’s United Nations Climate Change Conference – to be held here on November 6-18 – will be an unintended casualty of the geopolitical tensions and economic challenges the world is facing. I believe the opposite: COP27 represents a unique and timely opportunity for the world to come together, recognize our common interests, and restore multilateral cooperation.
The human cost of climate change is making headlines almost daily. Global warming is no longer a distant or theoretical threat, but an immediate material one – a phenomenon that affects each of us, our families, and our neighbors. No society has been left unscathed by more frequent and intense droughts, wildfires, storms, and floods. Millions of people are already battling for survival. And that is with temperatures having risen by just 1.1° Celsius, relative to pre-industrial levels. As the Intergovernmental Panel on Climate Change has made clear, every additional tenth of a degree makes matters worse. Yet the changes needed to avert catastrophe are not being made, at least not fast enough, and the developing world is increasingly frustrated with rich countries’ refusal to pay their fair share for a crisis for which they bear overwhelming responsibility. But there is reason for hope. In my discussions with delegations around the world, I see their determination to make COP27 a success. Already, societies are starting to act. Climate adaptation and new forms of collaboration are gaining traction, and investment in climate tech is booming. This includes new carbon-removal technologies, electric transport solutions, and renewable energies. As a result, clean-energy prices continue to fall: almost two-thirds of renewable power added in G20 countries in 2021 cost less than the cheapest coal-fired options. My country, Egypt, is on track to produce 42% of its energy from renewable resources by 2035. At the same time, civil society is devising mechanisms for holding companies and governments to account, guarding against greenwashing, and ensuring a just transition. There is a new focus on restoring nature. More ambition, scale, and speed are needed, and the rules remain unclear or contested. But a process is underway, and there is no going back. Even in countries that might seem to be wavering in their commitments – say, by investing in fossil-fuel infrastructure – officials insist that stopgap measures necessitated by immediate challenges should not be mistaken for long-term strategies. No one doubts the greener road ahead. The question for those of us who will participate in COP27 is straightforward: How can we seize the opportunity the conference offers to create a sense of common endeavor, prevent backsliding, and inspire an approach based on science, trust, justice, and equity? At its heart, climate action is a bargain. Developing countries have agreed in good faith to help tackle a crisis they did not cause, on the understanding that support particularly financial support would be provided to complement their own efforts, which are often limited due to their scarce resources and competing development needs. Developed countries must uphold their end of that bargain, by supporting both mitigation and adaptation, thus fulfilling their envisaged responsibilities in the Paris agreement. On the mitigation front, we must move from rhetoric to action in cutting our greenhouse-gas emissions and removing carbon from our atmosphere. All countries must embrace more ambitious Nationally Determined Contributions, and then translate those pledges into programs. We must act now to ensure appropriate resources are available to developing countries to unlock their potential. At the same time, we must craft a transformative adaptation agenda, so that communities especially in climate-vulnerable regions can protect themselves from the effects that are already unavoidable. The bill for this agenda must be divided fairly. To date, a disproportionate share of climate finance has been directed toward mitigation, leaving developing countries largely to fend for themselves in financing adaptation investment. But even the finance provided for mitigation is far from sufficient and has not been delivered with the appropriate instruments. In 2009, developed countries pledged to provide $100 billion annually for climate action in the developing world by 2020. This is only a small portion of the more than $5.8 trillion that is needed (up until 2030), according to the UN Framework Convention on Climate Change’s Standing Committee on Finance. And yet this amount has not been delivered. We need an increase in the scale of finance pledges especially for adaptation at COP27, compared to those made at COP26 in Glasgow. Developed countries must also honor the pledge they made last year to double adaptation finance by 2025, and they should provide the assurances needed for the Green Climate Fund’s new replenishment. And the time has come to address the loss and damage suffered by countries that did not cause the climate crisis. This remains contentious, but I believe that we can approach it constructively, guided by the priorities of developing countries, for the benefit of all. A just transition must account for the needs of various regions. For example, African countries are committed in principle to adopting renewable energy and refraining from exploiting their fossil-fuel resources. But 600 million people in Africa 43% of the continent’s population currently lack electricity, and around 900 million don’t have access to clean cooking fuels. The climate-action bargain demands that this be addressed, and the continent’s broader development needs be met, in sustainable ways.
All of these imperatives must be pursued together, with a carefully designed package of actions, rather than through piecemeal measures. They are the pillars of a just transition. If one is missing, the entire edifice collapses. Ahead of the 2015 COP in Paris, few believed that an agreement would be reached. Yet delegates from all over the world came together, and through skill and perseverance, reached a groundbreaking deal. In 2022, we face even higher hurdles, so we must work even harder to clear them. If we do, we will usher in a new age of clean energy, innovation exchange, food and water security, and greater climate justice. As daunting as this challenge is, we have no choice but to confront it. We must negotiate with one another, because there can be no negotiating with the climate.
Sameh Shoukry is COP27 President-Designate and Egyptian Minister of Foreign Affairs.