Dangote boosts fertiliser investment during Ethiopia visit
The President of Dangote Industries Limited, Aliko Dangote, received a hero’s welcome in Gode, Ethiopia, during a visit focused on his group’s fertiliser plant project. He was hosted by Ethiopian Prime Minister Abiy Ahmed, and both leaders toured the construction site of the planned facility. The project aims to significantly boost Ethiopia’s fertiliser production and support the country’s agricultural sector. Dangote announced an increase in the project’s investment, reflecting an expanded scope and commitment to industrial development.
What we know
- Aliko Dangote visited Gode, Ethiopia, for a fertiliser plant project and was welcomed by Prime Minister Abiy Ahmed.
- Ethiopia signed a shareholders’ agreement with Dangote Group in August last year for a urea plant with a three million metric tonne annual capacity.
- Construction was officially launched in October 2025 as a joint venture with Dangote holding 60% and Ethiopian Investment Holdings 40%.
- Dangote increased the project’s investment from $2.5 billion to over $4 billion, expanding its scope to include a pipeline, power plant, packaging facility, and blending plant.
- The project is described as central to Ethiopia’s development agenda, aiming to boost local production, reduce imports, and create jobs.
