Horn of Africa

Ethiopia’s wealthiest man Mohammed Al-Amoudi gains $111 million in 34 days

Al-Amoudi is worth $5.57 billion, making him the 470th richest man in the world.

Forbes list reveals 19 African billionaires, up from 18, despite $3.1-billion wealth dip

African billionaires continue to symbolize the continent's economic growth.

Ethiopia’s wealthiest man Mohammed Al-Amoudi experiences billion-dollar loss in 2022

Al-Amoudi remains one of the wealthiest individuals in Africa.

Ethiopia’s richest man Mohammed Al-Amoudi gains $420 million in 11 weeks

Al-Amoudi is now ranked 443rd on the Bloomberg Billionaires Index.

Aliko Dangote’s Dangote Cement has invested more than $90 million in its Ethiopian unit

Its $90-million investment in Ethiopia has helped solidify its position in the country.

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