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  GEESKA AFRIKA ONLINE & HAN: Managing Editor/Publisher: Nur Kafi
 GEESKA AFRIKA ONLINE  DAILY NEWS AND VIEWS  DAILY NEWS

The Influence and Power of Sheik Al-Amoudi In Ethiopia

Dr.Abdullahi Mohamed (Deputy Editor Geeska Afrika Online)  
Djibouti (HAN) May 15th, 2008

Bereket Simon, PR advisor of the Ethiopian Prime Minister under ministerial portfolio, with Sheik Mohammed Ali Al-Amoudi, at the Sheraton Addis

The Influence and Power of Sheik Al-Amoudi In Ethiopia
Nairobi (HAN) May 15th, 2008- In an Official statement issued from Shekh Al- Amoudi office, Al-Amoudi said that he was proud to have come from a disciplined society. He said that the award recently given to him encouraged him to do more for his country and committed himself to fighting Ethiopia's real enemy: poverty. The Sheikh called on all Ethiopians to practice tolerance for people with different opinions and to work towards socio-economic development.  A very revealing article of how Al-Amoudi conducts his business. Clearly he is not a good businessman but someone riding on the coattail of either the Saudi royal family, Meles zenawi, or the Ethiopian intellegince sources who pays Al-Amoudi for protecting Ethiopian PM, Meles.
Bereket Simon, public relations advisor of the Prime Minister under ministerial portfolio, with Sheik Mohammed Ali Al-Amoudi, at the Sheraton Addis, a few minutes after the signing of the 2.6 billion Br contract agreement between Derba-MIDROC Cement Plc and China National Building Material (CNBM).

The project includes the construction of a 17Km road from the plant to the quarry; a 10Km asphalt road from Derba to the plant, as well as the upgrading of 23Km of gravel road from Chancho town to Derab. The machineries imports from Germany, Japan, France, United Kingdom, Sweden, China and the United States and their installations will cost close to 200 million dollars, according to company sources.

Bidding against the Chinese Sinoma and the Turkish Enka, CNBM has been selected to build a cement factory in Derba, near the town of Chancho, 70Km west of Addis, with a daily capacity of 7,000tns, over three times more than what the state owned Mugher Cement Factory produces now. CNBM, established in 2005, has built 10 cement plants in Asia and Africa, including two in Sudan, according to its General Manager, Haung Anzhong.

"We are happy to see the final contract has been achieved," he said during the signing ceremony. "We have given competitive prices and offered an advanced technology."

He promised to employ dry processing technology and to complete the factory in March 2009.

This agreement was entered at a time when many in the business community have become cynical due to MIDROC's inability to deliver on its promises of importing 1.5 million tonnes of cement in the past six months.

"It will come soon," said Sheik Al-Amoudi. "You will be surprised."

One of his aides is pleased to see the signing of this contract, however. He said of perhaps the 99 projects that may seek Sheik Al-Amoudi's attention at any given time, making such progress should be taken positively.

"I guarantee you that Mohammed will do this to the letter," the aide told Fortune.

A Background Business Sources: Reporter,  HAN staff Reporter In Nairobi.

The HAN & Geeska Afrika Online - Our Readers "Geeska Afrika Online" can't follow 100 news sources, but HAN News agency can. Geeska Afrika Online's editors distill articles and opinion pieces in succinct, lively summaries, telling you what you need to know, what you want to know, and where to go for the best coverage.

 

 
HAN Bulletin is your independent, online intelligence resource edited and published by the regional political historian, veteran newsman and founder of www.geeskaafrika.com (Geeska Afrika Online 1985). Each week he taps his vast network of international intelligence sources to bring you credible insights into geo-political and geo-strategic developments for the Horn of Africa.  Contact at  nurkafi@geeskaafrika.com  (Managing Editor/Publisher)

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