Quidah is an online platform that connects investors with curated opportunities and expert insights on Africa’s emerging markets, while offering businesses promotional services, partnership facilitation, and market intelligence to attract capital and grow their operations.
Industries
Nigerian industrialist Aliko Dangote visited Ethiopia over the weekend as the two sides pushed ahead with plans to deepen investment in the country. At the centre of the discussions is a large-scale urea fertiliser plant in Gode, which Ethiopia sees as strategic for food security.
The Ethiopian government and Dangote Group initially agreed on a $2.5 billion project expected to produce 3 million metric tonnes of urea a year. Officials say the plant will help Ethiopia become self-sufficient in fertiliser while also positioning it as a regional exporter.
Prime Minister Abiy Ahmed described food security as a strategic intervention and said the project reflects a shared vision between Ethiopia and Dangote Group. He said the partnership is a win-win and stressed the government’s support for Dangote’s wider investments in the country.
Dangote Group later said its total investment commitment in Ethiopia has now risen to more than $4 billion. The expanded plan includes a 110-kilometre pipeline, a 120-megawatt power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant.
Dangote said Ethiopia has become one of the group’s most important investment destinations in Africa. He added that the country is now the second-largest recipient of the group’s investment on the continent.
The project is expected to strengthen fertiliser supply in Ethiopia and neighbouring markets while supporting the government’s food security and industrialisation agenda. It also adds to growing expectations that Ethiopia could emerge as a major agro-industrial hub in the Horn of Africa.
