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MIDROC Ethiopia was established in 1994. In 2011 it made a profit of 1.3bn birr (US$70m). [4]MIDROC has major gold mining interests in Ethiopia [5] [6] and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian Government 100.1 million birr in royalties, the largest contribution of any mining company. [7]
Derba MIDROC Cement (Amharic: ደርባ ሚድሮክ ሲሚንቶ) is a cement manufacturer in Ethiopia located 70 km north of Addis Ababa, Ethiopia. It was inaugurated in 2012 and approved for operation in 2015.
The mine was privatised in 1997, and as of 2011 is owned by MIDROC, a company owned by Ethiopian-Saudi billionaire Mohammed Hussein Al Amoudi. MIDROC is Ethiopia's sole gold exporter. [3] Environmental conflict in Ethiopia contributes to political instability and ethnic violence in the country.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
Shakiso is a town in Oromia Region, Ethiopia. Located in the Guji Zone of the Oromia Region , this town has a latitude and longitude of 5°45′N 38°55′E / 5.750°N 38.917°E / 5.750; 38.917 and an elevation of 1758 meters above sea
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
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Based on the 2007 Census conducted by the Central Statistical Agency of Ethiopia (CSA), this Zone has a total population of 276,367, of whom 139,119 are men and 137,248 women. 37,615 or 13.61% of population are urban inhabitants. A total of 58,515 households were counted in this Zone, which results in an average of 4.72 persons to a household ...