Dangote Group Expands Footprint with $2.5 Billion Fertiliser Plant in Ethiopia

Dangote Group has signed a deal to build a $2.5 billion fertiliser plant in Ethiopia, expanding its presence in East Africa. The Ethiopian government announced the investment, highlighting the project's aim to produce three million metric tons of fertiliser annually.

The agreement marks a significant step towards food security and agricultural development in the country, emphasizing Ethiopia's commitment to strategic investments. The fertiliser complex shareholder investment deal is set to create job opportunities and ensure a stable supply of fertiliser for farmers.