Business is booming.

Dangote visits Ethiopia over $4bn fertiliser plant project

 

By Abdullahi Lukman

President of Dangote Industries Limited, Aliko Dangote, received a warm reception in Gode, Ethiopia, during a visit connected to the Dangote Group’s fertiliser plant project in the country.

Dangote was hosted by Ethiopian Prime Minister Abiy Ahmed, as both leaders toured the construction site of the proposed fertiliser facility on Sunday.

The project, launched officially in October 2025, followed a shareholders’ agreement signed in August last year between the Ethiopian government and Dangote Group for the establishment of a urea plant with an annual production capacity of three million metric tonnes.

Dangote disclosed that the project cost had increased from $2.5 billion to over $4 billion due to an expansion in scope.

The additional investments include a 110-kilometre pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK blending plant.

The joint venture is structured with Dangote Group holding a 60 per cent stake, while Ethiopian Investment Holdings owns the remaining 40 per cent.

Speaking during the visit, Abiy described the fertiliser project as a major driver of Ethiopia’s agricultural and industrial development.

According to him, the plant would strengthen local production, reduce dependence on fertiliser imports, create jobs, and support millions of farmers across the country.

The Ethiopian leader also expressed satisfaction with the progress recorded at the site, noting that construction activities were advancing steadily across several sections of the project area.

Dangote Group stated that the initiative reflects its continued commitment to industrial and economic development across Africa.

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