Aliko Dangote has announced an increase in the Dangote Group’s investment in Ethiopia from $2.5 billion to over $4 billion, signaling a major expansion of the company’s industrial footprint in East Africa.
According to a statement issued by the company, Dangote was warmly received in Gode, Ethiopia, by Abiy Ahmed during a visit to inspect ongoing construction projects tied to the investment.
The expanded investment scope includes:
- A 110-kilometre pipeline project 🚧
- A 120MW power plant ⚡
- A polypropylene packaging facility 🏭
- A two-million-tonne NPK fertiliser blending plant 🌾
Both leaders also visited the proposed fertiliser plant site, where construction is ongoing. Ethiopia had earlier signed a shareholders’ agreement with Dangote Group to establish a urea fertiliser plant with an annual production capacity of three million metric tonnes.
Prime Minister Abiy Ahmed described the project as a strategic initiative aimed at boosting agricultural productivity, strengthening food security, reducing import dependence, and driving economic growth in Ethiopia.
The development further underscores Dangote Group’s growing commitment to industrialisation and infrastructure development across Africa.
