Ethiopian billionaire Mohammed Al-Amoudi's Nyala Insurance tops $6 million in profit
Billionaires Africa | 30.10.2026 11:33
Nyala Insurance, the Ethiopian insurer co-founded by Ethiopian-Saudi billionaire Mohammed Al-Amoudi, made more than 1 billion birr ($6.1 million) in profit in its latest financial year, as its paid-up capital passed 2 billion birr ($12.2 million).
