Business World

Tea and cocoa-loving Nigerians finding new thirst for coffee

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LAGOS — Businessme­n in the Nigerian city of Lagos typically broker deals over cognac or champagne. But, on a sunny afternoon in the city’s upmarket Victoria Island business district, a clutch of men celebrated with steaming coffee that cost 35,000 naira ($114) for a threecup brew.

Jamaica Blue Mountain, the gourmet variety they imbibed, is coveted around the world for its superior quality.

Ibrahim Samande, owner of the Mai Shayi Coffee cafe that sold the drink, knows not everyone can afford the splurge. But he believes cachet and ceremony, and attractive spaces to enjoy a cup, will lure more of Nigeria’s 200 million people to drink coffee.

At present, Nigerians drink only a tiny amount of coffee. Tea or cocoa are the hot drinks of choice, and are forecast to account for close to 40% of Nigeria’s non-alcoholic drink spending by 2023, according to research body Fitch Solutions. By contrast, spending on coffee is seen only at 2.5 percent.

Samande is among a new breed of entreprene­urs hoping to cash in on coffee. They are betting that wealthy Nigerians will cultivate a cafe culture that can also spur consumptio­n of locally grown crops.

“Nigeria is a very aspiration­al society,” Mr. Samande said. “And it’s very easy for things to catch on.”

Consumptio­n is rising; the retail value of coffee sold has nearly tripled since 2010 to $29 million last year, according to Euromonito­r.

But it is still a market in its infancy. Kenya, with a quarter the number of people as Nigeria, consumes close to the same amount of coffee, and spent $11 million more on the drink last year. Meanwhile South Africa consumed more than six times as much coffee as Nigeria and spent 9 times as much.

In a country where the majority live on less than $2 a day, most Nigerian coffee-drinkers opt for bitter cups of instant coffee that street vendors hawk for 100 naira, just a few cents.

Internatio­nal coffee shop chains have yet to enter the country significan­tly, although there are a few domestic chains. Nigeria’s Café Neo has several locations in Lagos, and Happy Coffee also aims to bring coffee to the masses.

Mr. Samande, whose grandmothe­r roasted her own beans with cardamom and ginger, believes that brewing with imported Italian Moka pots, Japanese siphons and American Chemex coffeemake­rs can convince Nigerians to drink higher-quality coffee.

Coffee is one of the world’s mosttraded commoditie­s, he said. “I think there’s room for us to plug into that sort of supply chain.”

He buys Nigerian beans from Kim’s Coffee, a roaster around 1,000 kilometers (621.37 miles) to the north of Lagos. Kim’s founder David Dayi said strong demand saw them roast 3 tonnes of locally grown coffee last year — triple the 2017 level.

Dayi said Nigeria could easily grow more coffee — and that local consumptio­n could help spur this. —

 ??  ?? FOUNDER of
Mai Shayi coffee café, Ibrahim Samande.
FOUNDER of Mai Shayi coffee café, Ibrahim Samande.

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