20/12/2003 The Indian Ocean Newsletter N°1069

ETHIOPIA

Al Amoudi's Generosity

The Ethiopian-born Saudi magnate Mohamed Hussein Al Amoudi is not satisfied with simply being the top foreign investor in the Ethiopia, as the owner via Midroc Ethiopia consortium of 20 businesses, including some in partnership with local businessmen. As a result of generous donations, he has also weaved himself a dense network of contacts in all sectors of society, even in the Ethiopian diaspora in the United States. (...)   [665 words]   [€8]
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