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Ethiopian born Saudi Billionaire accepted CEO&#;s resignation
Two days after Arega Yirdaw submitted a letter of resignation as CEO of MIDROC Technology Groups, Ethiopian born Saudi Billionaire Al Amoudi is letting him go.
Getachew Hagos will take over as interim CEO.
borkena
April 27,
MIDROC Ethiopia, whose owner is Ethiopian born Saudi Billionaire Mohamed Al Amoudi, was experiencing challenges in terms of investment environment especially following the political reform measures since Abiy Ahmed became Prime Minister in April
The pressure was strong in the Oromo region of Ethiopia.
Dr arega yirdaw biography of rory gilmore
MIDROC investment group has about 26 investments in the country and one of the lucrative businesses was gold mining. But its license was suspended, soon after Abiy Ahmed took over power, on alleged grounds of pollution. Political pressure from ethno-nationalist groups was a key factor- as was in the news sometime in
It seemed, however, as if there was no disagreement between MIDR