Dangote Group to Invest $2.5 Billion in Urea Fertilizer Plant in Ethiopia
HYDROGEN
The Dangote Group has announced plans to construct a $2.5 billion urea fertilizer plant in Ethiopia, following a shareholders agreement with Ethiopian Investment Holdings. This investment marks a significant milestone in Ethiopia's industrial development, with the facility expected to enhance agricultural productivity and reduce reliance on fertilizer imports. The project will establish one of the world's largest urea production complexes and create thousands of jobs while utilizing local gas resources to ensure energy security.
Sep 16, 2025, 12:00 AM