With over 60 companies, Mohammed International Development Research and Organisation Companies (MIDROC), which is owned by Mohammed Hussein Al-Amoudi, is the biggest private investment conglomerate in Ethiopia. Five of the companies were grouped as ‘MIDROC Technology Group’ under the leadership of Arega Yirdaw (PhD) in 2000. The number of companies in the Group has since increased to 24, employing over 8,000 Ethiopians. Last year, these companies, mainly MIDROC Gold, exported USD300 million, over 10Pct of the total export revenue the country received.
Having lived, worked and been educated in Ethiopia, the UK and the US, Arega says business has to be human centred. At MIDROC, he has established a culture of lifelong learning, which he has done himself, attaining two PhDs, the latest in educational leadership two years ago.