Ethiopia: 412.6 hectares of land held by investors revoked over failed job promises

Ethiopia has revoked a total of 412.6 hectares of land held by investors, including Ethiopian-born Saudi billionaire Mohammed Hussein al-Amoudi for failure to create jobs and develop the city, as promised when the lands were awarded to them, head of Addis Ababa Land Bank Tesfaye Tilahun told the Voice of America. The investors had promised to create […]