Saudi billionaire cements Ethiopia plans.

Position::MANUFACTURING - Brief article
 
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Mohammed al-Amoudi, the biggest private investor in Ethiopia, plans to build two more cement factories. The plants will add to the $351m facility al-Amoudi's Midroc Derba Cement. Derba Group, an amalgam of three Ethiopian companies owned by al-Amoudi, plans to invest $3.4bn in Ethiopia over the next five years. Ethiopian-born Al-Amoudi is the world's 134th richest person, with a net...

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