
Dangote to build $2.5bn fertiliser plant in Ethiopia
Aliko Dangote has entered into a multibillion-dollar agreement with the Ethiopian government to construct a $2.5 billion fertiliser plant. The deal, signed in Addis Ababa on Thursday, grants Dangote a 60% stake in the project, while the remaining 40% will be owned by the state-run Ethiopian Investment Holdings (EIH). The facility will be built in…