Ethiopian Prime Minister Abiy Ahmed, and President of Dangote Industries Limited, Aliko Dangote
LAGOS, Nigeria – Dangote Group has increased its investment commitment in Ethiopia from $2.5 billion to more than $4 billion as construction advances on a major fertiliser project expected to strengthen food production across the region.
The expansion reflects the addition of critical infrastructure, including a 110-kilometre pipeline, a 120-megawatt power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant.
According to a statement released on Sunday, President of Dangote Industries Limited, Aliko Dangote, received a state welcome in Gode, Ethiopia, where he met with Ethiopian Prime Minister Abiy Ahmed.
Both leaders visited the fertiliser plant construction site to assess progress on the multi-billion-dollar industrial project.
Ethiopia signed a shareholders’ agreement with Dangote Group in August 2025 to establish a urea plant with a production capacity of three million metric tonnes annually.
Prime Minister Abiy described the investment as a strategic initiative capable of boosting agricultural productivity, reducing fertiliser imports and improving food security.
He expressed confidence that the project would create jobs, support farmers and stimulate long-term economic growth.
The Dangote Group said the investment demonstrates its commitment to accelerating industrialisation and infrastructure development across Africa.
Industry experts say the fertiliser project could significantly improve fertiliser supply chains across East Africa while positioning Ethiopia as a major agricultural manufacturing hub.
The development also strengthens Dangote’s growing footprint beyond Nigeria in sectors including cement, fertiliser, energy and manufacturing.
The company has continued expanding investments across African economies amid increasing demand for industrial infrastructure and agricultural development.
