- Dangote Begins $2.5bn Fertiliser Plant Construction in Ethiopia.
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Plant to boost agriculture, job creation, and food security.
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Ethiopia, Dangote partner to industrialise Africa through fertiliser production.
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has officially commenced the construction of a $2.5 billion fertiliser plant in Gode, Ethiopia, marking another major milestone in his continental industrial expansion drive.
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EKO HOT BLOG reports that according to a statement by the Dangote Group on Sunday, the project is a partnership between Dangote Group and Ethiopian Investment Holdings. The fertiliser complex, with a capacity of three million metric tonnes of urea annually, is set to become one of the world’s largest and will rely on Ethiopia’s abundant natural gas reserves in the Hilal and Calub fields.
The plant, located in the country’s South-East region, is expected to boost agricultural productivity, create thousands of jobs, and enhance food security across the Horn of Africa.
Speaking at the groundbreaking ceremony, Ethiopia’s Prime Minister, Abiy Ahmed, described the project as a symbol of cooperation and shared prosperity. “They embody our collective responsibility to harness opportunities, strengthen cooperation, and promote peace,” he said, urging Ethiopians to unite for progress.
Dangote praised the Ethiopian government’s reforms and investments in infrastructure, particularly in energy and transport, which he said have made Ethiopia an attractive destination for investors. “This partnership represents a pivotal moment in our shared vision to industrialise Africa and achieve food security,” Dangote said.
He revealed that the Gode project is the first phase, with future plans to expand into producing other fertilisers, including ammonium nitrate and NPK, to make Ethiopia a regional fertiliser hub.
The Dangote Group, which already operates a 2.5 million tonnes per annum cement plant in Mugher, Ethiopia, aims to replicate its success in Nigeria by transforming the country into a net exporter of key industrial products.
