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Ethiopia, Dangote Group Ink $2.5 Billion Deal to Build Fertilizer Complex in Gode, Somali Region

  • August 29, 2025
  • Dagmawi Zeleke

Addis Abeba — Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, and Dangote Group have signed a landmark shareholders’ agreement to develop and operate a $2.5 billion urea fertilizer production complex in Gode, Somali Regional State.

According to a statement released today, EIH will hold a 40% equity stake, while Dangote Group will retain 60% ownership. The facility, with a planned capacity of three million metric tons of urea annually, will be among the top five largest urea production complexes globally and the single largest in Ethiopia’s history.

The project includes construction of fertilizer plants and associated infrastructure, including a pipeline to transport natural gas from the Calub and Hilala gas fields. It also envisions potential expansion into ammonia-based fertilizers such as ammonium nitrate, ammonium sulfate, and calcium ammonium nitrate.

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