- Dangote operation asked to let youth supply raw materials
Regional administration seeks to reduce youth unemployment
By Nizar Manek, Paul Wallace and Solape Renner, 20 March 2017
(Bloomberg) --
Ethiopian regional officials are demanding that foreign cement producers including Dangote Cement Plc hand control of some parts of their businesses to groups of unemployed youths.
The Nigerian company, controlled by Africa’s richest man, Aliko Dangote, and others such as Saudi billionaire Mohammed al-Amoudi’s Derba MIDROC Cement Plc, should allow the youth to run their pumice mines, according to a draft contract drawn up by Oromia state’s East Shewa Zone administration this month.
(597 words)
https://www.bloomberg.com/news/articles/2017-03-20/billionaires-face-disruptions-to-cement-businesses-in-ethiopia