www.maledatimes.com Billionaire al-Amoudi’s co. Investing $41m in 3 Ethiopian Farms By William Davison addis ababa - MALEDA TIMES
Loading...
You are here:  Home  >  AFRICA  >  Current Article

Billionaire al-Amoudi’s co. Investing $41m in 3 Ethiopian Farms By William Davison addis ababa

By   /   April 5, 2013  /   Comments Off on Billionaire al-Amoudi’s co. Investing $41m in 3 Ethiopian Farms By William Davison addis ababa

    Print       Email
0 0
Read Time:45 Second
 (Bloomberg) —  Farms were bought from govt for 1.1b birr ($59.4m), General Manager of Horizon Plantations Ethiopia Jemal Ahmed tells reporters in Ethiopia’s capital, Addis Ababa.
  * Farms are Upper Awash Agro Industry Enterprise, Gojeb     Agricultural Development Enterprise and Coffee Processing     and Warehouse Enterprise: Jemal
* 400m birr to be invested over 2 yrs to double production to     50,000 mt in Upper Awash, country’s largest orange grower   * NOTE: Ethiopian-born Saudi citizen Mohammed al-Amoudi is     majority owner of Horizon Plantations Ethiopia through his
Midroc Ethiopia Group
* Al-Amoudi is single largest investor in Ethiopia and his     current net worth is estimated at $10.4b, according to the     Bloomberg Billionaires Index

 

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
    Print       Email
  • Published: 11 years ago on April 5, 2013
  • By:
  • Last Modified: April 5, 2013 @ 12:17 pm
  • Filed Under: AFRICA

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%
<"Without the support of our readers, the Maleda Times website would not exist in its present form">

You might also like...

Traveler’s Alleged Crimes and Robbery at Bole Airport Raise Concerns

Read More →

This site is protected by wp-copyrightpro.com

%d bloggers like this:
Skip to toolbar