Mohammed Hussein Ali Al Amoudi was born in Ethiopian but lived most of his life in Saudi Arabia. Mohammed Al Amoudi’s father is from Yemen and his mother from Ethiopia. The billionaire, now approaching his 7th decade of life, is the founder of one of Ethiopia’s largest privately owned companies, MIDROC (Mohammed International Development Research and Organization Companies). MIDROC specializes in engineering, construction, gold mining, steel manufacturing, oil services cement production pharmaceuticals and other business areas. Mohammed Al Amoudi is considered the second richest African with a net worth of almost $10 Billion. He once said ““I have a special relationship with my birth country by investing in all of Africa: North, South, East, West.”
How Did He Become Richer Through Ethiopia?
Mohammed Al Amoudi’s journey to wealth began when he struck governemnt deals in oil-rich Saudi Arabia. He later progressed to investing massively in Ethiopia. Mohammed Al Amoudi now owns massive assets in Ethiopia. The New York Times once said “He Owns Much Of Ethiopia.” Just like the Chargoury’s, Mohammed Al Amoudi is a close friend of the Clintons of the USA and has heavily swindled Ethiopia out of Billions. (Read: You Cannot Investigate Corruption Without Looking At Chagoury). Through his company MIDROC, Mohammed Al Amoudi has kicked out thousands of Ethiopian locals from land spaces he never developed while he lavishes with majority of the nation’s wealth. In 2018, Al Amoudi was detained for months in Saudi Arabia for charges related to corruption. He was released with other detainees after the government of Saudi Arabia successfully received over $100 Billion from the detained elites.
PUSH YOUR DREAMS – GROW AFRICA!
Want to push your dreams in today’s technology-driven, constantly-changing world? You must read Olatorera Oniru’s bestselling digital e-book titled Push Your Dreams available now on Olatorera.com and on Amazon.com.
The Olatorera Consultancy brand has grown from an ambitious solo-preneur to a team of over 50 people highly assertive on providing the seal and stamp of “Africa’s Best” to great businesses in Africa and beyond. Chief Executive Consultant, Olatorera Oniru is very passionate about seeing businesses succeed and operate optimally. She is also notably passionate about witnessing Africa transformed into one of the world’s greatest continents. Olatorera Consultancy has an annual outline of businesses we work with. We currently do not accept unsolicited applications. To network with the team at Olatorera Consultancy Limited, please add your company to the reviews page here. An Olatorera Consultancy company representative may be in touch with you shortly after reviewing your company’s readiness for business consultation services.
Some of the services we provide to our clients:
- Doing Business In Africa: Data Analytics, Market Insights, Launch Plan & Strategy Development
- Service Level Critique and Secret-Customer Detective Services
- Customer Service, Quality & Operational Excellence Assurance
- Seal of Africa’s Best and Nomination for Annual List of “Africa’s Best 100 Companies” and “Africa’s Best 100 Leaders”.