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Saudi Star to invest US$100m in Ethiopia rice farm

Billionaire owner pumping money to revive project, with focus on building irrigation infrastructure
Thursday, December 4, 2014 - 05:50
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A flooded camp in Gambella; Anywaa Survival Organization, a Reading, UK-based rights group, has said that land leases in Gambella have fuelled conflict: "The rush for land, water and other essential natural resources has become a curse for indigenous and minority peoples who barely have legal protection and redress."

Addis Ababa

SAUDI Star Agricultural Development, an Ethiopian company owned by billionaire Mohamed al-Amoudi, said it plans to invest US$100 million in a rice farm in western Ethiopia next year to kick-start the stalled project.

The company leased 10,000 hectares (24,711 acres) in