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Vol 59 No 10

Published 18th May 2018


Ethiopia

Gold fever

The ruling Ethiopian Peoples' Revolutionary Democratic Front's favourite billionaire, the Ethiopian-Saudi Mohammed Hussein al Amoudi, seems to have disappeared from favour in Addis Ababa as surely as he has done from public view. Six months after his detention – and de facto disappearance – in Riyadh in Crown Prince Mohammed bin Salman's crackdown on corruption, the government of Prime Minister Abiy Ahmed has suspended the licence of Al Amoudi's gold-mining company Mohammed International Development & Research Organisation Companies (MIDROC) to export gold alloy to Switzerland. The move follows allegations of massive pollution.

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