en.Wedoany.com Reported - Aliko Dangote, President of Nigeria's Dangote Industries Limited, recently visited the Godé region of Ethiopia to inspect the fertilizer plant project invested in by the Dangote Group in the country. Ethiopian Prime Minister Abiy Ahmed personally received him, and the two inspected the construction site of the proposed fertilizer facility together on Sunday.

The project was officially launched in October 2025, following a shareholders' agreement signed between the Ethiopian government and the Dangote Group in August last year, planning to build a urea plant with an annual production capacity of 3 million metric tons. Dangote revealed that due to the expansion of the project scope, the investment cost has increased from the initial $2.5 billion to over $4 billion.

The additional investment covers multiple supporting projects, including a 110-kilometer gas pipeline, a 120-megawatt power plant, a polypropylene packaging facility, and a compound fertilizer blending plant with an annual capacity of 2 million tons. The equity structure of the joint venture is 60% held by the Dangote Group and the remaining 40% by Ethiopian Investment Holdings.

During the inspection, Prime Minister Abiy described the project as a key engine for Ethiopia's agricultural and industrial development. He stated: "This plant will strengthen local production, reduce dependence on fertilizer imports, create job opportunities, and support millions of farmers across the country." He affirmed the progress of the project construction, noting that multiple work zones at the engineering site are advancing steadily.

The Dangote Group stated that this project reflects the company's strategic commitment to continuously promoting Africa's industrialization and economic development.

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