Ethiopia Breaks Ground on $2.5bln Fertilizer Plant, Oil Refinery Projects
Ethiopian authorizes have today broken ground on the $2.5 billion fertilizer production complex, and oil refinery construction project in Gode, Somali regional state. The fertilizer plant will be developed by Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, in partnership with Nigeria’s Dangote Group while China’s Golden Concord Group Ltd (GCL Group) also building […]
Ethiopia set to become fertilizer hub as Dangote begins $2.5bn industrial complex
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has launched the construction of a $2.5 billion fertiliser plant in Gode, Ethiopia, a project expected to reshape food security and industrialisation across the continent. The mega-plant, built in partnership with Ethiopian Investment Holdings, will produce three million metric tonnes of urea annually, making it one […]
Dangote Sets Sights on Making Africa Food-Secure, Begins $2.5bn Urea Fertiliser Plant in Ethiopia
In a record-breaking joint venture partnership between an indigenous African private investor and a government, the Dangote Group has taken its investment on the continent to a greater level with the commencement of a $2.5 billion joint urea fertiliser plant in Gode, Ethiopia, with a capacity to produce three million metric tons of the product […]