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Originally published by The Kenyan Wall Streetbusiness
August 28, 2025
1d ago
Dangote Group, Ethiopia Sign US$ 2.5Bn Fertiliser Plant Deal

Dangote and Ethiopia have signed a shareholder investment agreement to establish a US$2.5 billion fertiliser plant...
✨ Key Highlights
Dangote Group and Ethiopian Investment Holdings have signed a deal to build a US$2.5 billion fertiliser plant in Ethiopia. This major investment aims to boost Ethiopia's agricultural output and food security.
- The plant is projected to produce up to 3 million metric tons of fertiliser annually.
- Dangote Group will own a 60% stake, with Ethiopia holding 40% through EIH.
- Current Ethiopian Prime Minister Abiy Ahmed stated the project will create jobs and ensure reliable fertiliser supply, fostering Ethiopia's path to food sovereignty.
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