Ethiopia, Dangote Group Ink $2.5 Billion Deal to Build Fertilizer Complex in Gode, Somali Region

Dangote, Ethiopia sign agreement to build $2.5 billion fertiliser plant

Mr Chiejina said under the partnership structure, EIH will hold a 40 per cent equity stake while Dangote Group will maintain 60 per cent ownership of the transformative project.

Ethiopia, Dangote Group Ink $2.5 Billion Deal to Build Fertilizer Complex in Gode, Somali Region

Addis Abeba -- Ethiopian Investment Holdings (EIH), the government's strategic investment arm, and Dangote Group have signed a landmark shareholders' agreement to develop and operate a $2.5 billion urea fertilizer production complex in Gode, Somali Regional State.

Aliko Dangote and Ethiopia Agree Ownership of $2.5 Billion Fertilizer Plant

Aliko Dangote, Africa’s richest person, concluded a multibillion-dollar deal with Ethiopia to build a fertilizer plant that may help transform the nation’s farm-dependent economy.

Dangote Group to build 3 million metric tons' $2.5b fertiliser plant in Ethiopia - Worldstage

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will hold a 40% equity stake while Dangote Group will maintain 60% ownership of the transformative project that represents o…

Dangote Seals $2.5bn Deal With Ethiopia For World-Class Fertiliser Complex

Africa’s richest man, Aliko Dangote, has signed a $2.5 billion partnership with the Ethiopian Government to construct one of the world’s largest single-site fertiliser plants in Gode, Somali Regional State. The agreement, concluded on Thursday between Dangote Group and Ethiopian Investment Holdings (EIH), will see Dangote Group hold a 60 percent equity stake, while EIH […] The post Dangote Seals $2.5bn Deal with Ethiopia for World-Class Fertilis…