Thursday, December 05, 2013


The number of dollar millionaires in the Ethiopia rose from 1,300 in 2007 to 2,700 by September this year, according to New World Wealth, a consultancy based in the UK and South Africa.
That figure puts the country well ahead of Angola, up by 68%, and Tanzania, which had a 51% increase. Zambia and Ghana completed the top five.
The richest Ethiopian is said to be the businessman Mohammed Al Amoudi, who divides his time between Ethiopia and Saudi Arabia, where he now has citizenship.
South Africa is the top African country for millionaires with 48,700 in 2013, followed by Egypt with 22,800 and Nigeria with 15,700.

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