DANGOTE SIGNS $2.5 BILLION DEAL TO BUILD MEGA FERTILISER PLANT IN ETHIOPIA

Aliko Dangote and Ethiopia have sealed a $2.5 billion partnership to construct one of the world’s largest fertiliser plants in Gode.

Dangote ethiopia fertiliser plant Africa industrialisation Ethiopia food security
Signing of the$2.5 billion partnership Agreement by Dangote Group and Ethiopian Investment Holdings
Signing of the$2.5 billion partnership Agreement by Dangote Group and Ethiopian Investment Holdings

Aliko Dangote has entered a $2.5 billion agreement with the Ethiopian government to build one of the world’s largest single-site fertiliser plants in Gode, Somali Regional State. The deal, signed between Dangote Group and Ethiopian Investment Holdings, gives Dangote a 60 percent stake while the state investment arm holds 40 percent.

The project will rank among the top five urea production complexes globally, with an annual output of up to three million metric tonnes. Construction is expected to take 40 months. The facility will also include pipelines to transport natural gas from the Calub and Hilala fields, with future provisions for ammonia-based fertilisers.

EIH chief executive Dr. Brook Taye described the agreement as a milestone for Ethiopia’s drive toward industrial self-sufficiency and agricultural modernisation. He said the investment would strengthen energy security, raise farm productivity, and create significant value for Ethiopian farmers.

Prime Minister Abiy Ahmed welcomed the partnership as a crucial step toward food sovereignty. In a message on X, he noted that the venture would generate thousands of jobs, secure reliable fertiliser supply for farmers, and position Ethiopia among the world’s top producers.

Aliko Dangote emphasised that the deal aligns with his mission to industrialise Africa and strengthen food security. He pledged to bring the group’s experience in large-scale projects to ensure success.

The new plant is expected to cut Ethiopia’s reliance on fertiliser imports and establish the country as a major supplier across East Africa. Dangote already operates Africa’s largest fertiliser plant in Lagos, which produces three million tonnes annually and has made Nigeria a leading exporter.

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