Nigeria: Dangote's Ethiopia Expansion Hits $4bn, Eyes Continental Food Self-Sufficiency
The expanded project includes a 3 million-ton annual urea plant and new infrastructure to cut imports and support exports, officials said.
- Nigerian industrialist Aliko Dangote announced an expansion of the Dangote Group's fertilizer project in Ethiopia to over $4 billion, positioning the country as a regional export hub for agricultural inputs.
- The Ethiopian government and the Group initially agreed on a $2.5 billion deal for a fertilizer plant in the Somali region's Gode, expected to produce 3 million metric tonnes of urea annually.
- Expanded infrastructure includes a 110-kilometre pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK blending plant, making Ethiopia the second-largest recipient of Group investments in Africa.
- Prime Minister Abiy Ahmed described the project as a "strategic intervention" for food security, stating, "This type of large-scale investment demonstrates the power of strong collaboration between government and the private sector."
- This commitment represents nearly nine per cent of the Group's planned outlays up to 2030, with Dangote aiming to address Africa's food insecurity by improving access to agricultural inputs and strengthening industrial value chains.
12 Articles
12 Articles
Ethiopia bets on Dangote fertiliser plant to boost food security
Ethiopian Prime Minister Abiy Ahmed has described food security as a “strategic intervention” as Ethiopia and the Dangote Group move ahead with plans for a major fertiliser plant in the country’s Somali region.
Nigeria: Dangote's Ethiopia Expansion Hits $4bn, Eyes Continental Food Self-Sufficiency
President of the Dangote Group, Aliko Dangote, has reaffirmed the company's ambition to drive Africa toward food self-sufficiency as its investment in Ethiopia's fertiliser sector rises to over $4 billion.
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The Podium MediaDangote receives hero’s welcome in Ethiopia, raises fertiliser investment to $4bn
Aliko Dangote increases his fertiliser investment in Ethiopia to $4 billion, a project aimed at boosting agricultural transformation and food security. Read More: https://punchng.com/dangote-receives-heros-welcome-in-ethiopia-raises-fertiliser-investment-to-4bn/
Dangote Raises Investment In Ethiopia To $4bn
Dangote Group has announced an increase in investment from $2.5 billion to over $4 billion. According to a Sunday statement by the Dangote Group, President of Dangote Industries Limited, Aliko Dangote, received a warm welcome in Gode, Ethiopia, where he was hosted by Prime Minister Dr. Abiy Ahmed. The move reflected expanded scope, including a 110km pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK bl…
Dangote Reaffirms Commitment To Africa’s Food Security Through Fertiliser Investments
President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultural products.Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region, during a high-profile visit hosted by Prime Minister Abiy Ahmed.The Prime Minister pe…
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