Al Amoudi

Saudi investor's Ethiopian farms to raise coffee, tea output
- Reuters
- 25 June 2015
Mohammed Hussein Al Amoudi plans to invest an additional $5 billion in Ethiopia's agriculture and agro-processing sectors over the 2016-2021 period.
Ethiopia: Midroc announces 8 billion birr expansion for Midroc Gold, Elfora
- Addis Fortune
- 11 May 2015
Midroc's subsidiary Elfora Agro-industry Plc plans to cultivate alfalfa on 300ha of land at Nettle and Shallo in the Oromia Region with an objective of producing 600 tonnes of forage a month.
Ethiopia: There is a big need for infrastructure - Jemal Ahmed
- Africa Report
- 05 January 2015
The executive supervising MIDROC's Ethiopian agriculture projects talks to The Africa Report about how rocketing consumption has been an opportunity for the company.
Local Ethiopians miss out as big agriculture firms struggle in Gambella
- Guardian
- 01 January 2015
Commercial farming, with its vast tracts of land, is running into problems in Ethiopia’s Gambella region – and local communities are reaping few benefits
Saudi billionaire to invest $100 million in Ethiopian farm
- Bloomberg
- 03 December 2014
Saudi Star Agricultural Development Plc, an Ethiopian company owned by billionaire Mohamed al-Amoudi, said it plans to invest $100 million in a rice farm in western Ethiopia next year to kick-start the stalled project.
Hard Facts, episoe 8 "HM"
- TV4
- 21 November 2014
Sweden's TV4 investigates the multinational retail clothing company H&M's possible involvement in landgrabbing in Ethiopia.
Wasting arable land in Africa: The case of Gambella, Ethiopia
- NAI
- 17 January 2014
In Gambella, enormous areas of fertile land are lying fallow at an unfinished huge agricultural project site, and agricultural machines stand idle in rows, sinking into the ground.
EIA cracks down on tardy investors
- Africa Intelligence
- 10 January 2014
The Ethiopian Investment Agency (EIA) has withdrawn 3,000 investment permits that it had previously granted to Ethiopian and foreign companies, including Karuturi Global Ltd.
Authorities in the Gambela region of Ethiopia are investigating Karuturi Global and other farmland grabbers for criminal activities
- ASO
- 20 December 2013
Several investors with large agricultural leases are being investigated for illegal activities, including corruption, environmental destruction, and failure to uphold the terms of their contracts
Ethiopia’s farm investment plans falter on flood plain
- Bloomberg
- 26 November 2013
Karuturi, like many other large-scale investors, underestimated the complexity of opening land for large-scale commercial agriculture.
Mysterious lake threatens Ethiopian sugar ambitions
- Bloomberg
- 24 April 2013
Authorities have attributed the growth of a saline lake to irrigation runoff, including that from a company bought this year from the government by Horizon Plantations, a venture majority owned by Mohamed al- Amoudi, the largest single investor in Ethiopia.
Al-Amoudi’s Horizon eyes global banana market following acquisition of enterprises
- Capital Ethiopia
- 09 April 2013
Horizon Plantations, an emerging agro-specialized business owned by Sheikh Mohammed Hussein al-Amoudi, plans to compete with world’s leading banana producers following acquisition of several state enterprises.