Aliko Dangote, President of Dangote Industries Limited, was given a hero’s welcome in Gode, Ethiopia, during a visit to assess progress on his group’s major fertiliser plant project.
He was hosted by Ethiopian Prime Minister Abiy Ahmed, and the two leaders toured the construction site of the proposed facility on Sunday.
Ethiopia signed a shareholders’ agreement with Dangote Group in August 2025 for the establishment of a urea plant with an annual capacity of three million metric tonnes. Construction was officially launched in October 2025, with Dangote holding 60% stake and Ethiopian Investment Holdings 40%.
Dangote announced an upward review of the total investment from the initial $2.5 billion to over $4 billion.
The expanded scope includes a 110km pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK blending plant.
Prime Minister Abiy Ahmed described the project as central to Ethiopia’s agricultural transformation, food security, industrial growth, and economic self-reliance.
“This initiative represents far more than infrastructure,” Abiy said. “Once completed, the fertiliser plant will play a vital role in strengthening local production capacity, reducing dependence on imports, supporting millions of farmers, and creating new opportunities for jobs and investment.”
He expressed satisfaction with the progress on site, noting steady momentum across multiple sections of the project.
The Dangote Group said the project reinforces its commitment to industrial development across Africa.
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