Close Menu
Pointnews247
  • News
  • Politics
  • Maritime
  • Business
  • Aviation
  • Entertainment
  • Customs
  • Health
What's Hot

Ethiopia Hails Dangote’s $2.5bn Urea Project As Gateway To Regional Fertiliser Export Hub

Lagos State Trains 500 Youths In Vocational Skills To Drive Economic Empowerment 

Seme Customs Command Nets N9.7bn Revenue, Seizes Drugs, Rice, Petrol Worth N501m

Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
Facebook X (Twitter) Instagram
Pointnews247Pointnews247
  • News
  • Politics
  • Maritime
  • Business
  • Aviation
  • Entertainment
  • Customs
  • Health
Pointnews247
  • News
  • Politics
  • Maritime
  • Business
  • Aviation
  • Entertainment
  • Customs
  • Health
Home»News»Ethiopia Hails Dangote’s $2.5bn Urea Project As Gateway To Regional Fertiliser Export Hub
News

Ethiopia Hails Dangote’s $2.5bn Urea Project As Gateway To Regional Fertiliser Export Hub

MujeedatBy Mujeedat2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Ethiopian government says it is positioning itself to become a regional fertiliser exporter following a landmark agreement with the Dangote Group to build a massive urea fertiliser plant in Gode, Somali region. The project, estimated at 2.5 billion dollars, is expected to produce up to 3 million metric tonnes of urea annually, making Ethiopia one of the largest urea producers on the continent and a key supplier for neighbouring markets.

 

Prime Minister Abiy Ahmed described food security as a strategic priority, saying the partnership with Nigerian industrialist Aliko Dangote reflects a shared vision to boost agricultural productivity and industrialisation. “Our interest is to have him in many areas because he’s delivering. As a government, we want to support him and realise our common vision. It’s a win‑win for both of us,” Abiy said, expressing confidence in the long‑term value of the investment.

 

For the Dangote Group, the urea plant is part of a broader expansion in Ethiopia that has raised its total declared investment commitment in the country to over 4 billion dollars. The wider investment package includes a 110‑kilometre pipeline to transport natural gas, a 120‑megawatt power plant, a polypropylene packaging facility, and a 2‑million‑tonne NPK blending plant. The company described Ethiopia as one of its most significant investment destinations in Africa and the second‑largest recipient of its capital on the continent.

 

Ethiopian authorities say the project will help the country achieve self‑sufficiency in fertiliser production, cut import costs, strengthen food security, and create jobs while supporting the government’s industrialisation agenda. With reliable supply from the Gode plant, Ethiopia is expected to not only meet its domestic demand, which runs into millions of tonnes annually, but also to supply markets across East Africa, positioning the country as a regional fertiliser‑production and export hub.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLagos State Trains 500 Youths In Vocational Skills To Drive Economic Empowerment 

Related Posts

Lagos State Trains 500 Youths In Vocational Skills To Drive Economic Empowerment 

Seme Customs Command Nets N9.7bn Revenue, Seizes Drugs, Rice, Petrol Worth N501m

Vessel Mishap : MIMASA sets up Onne situation monitoring room

Leave A Reply Cancel Reply

Demo
Latest Posts

Ethiopia Hails Dangote’s $2.5bn Urea Project As Gateway To Regional Fertiliser Export Hub

Lagos State Trains 500 Youths In Vocational Skills To Drive Economic Empowerment 

Seme Customs Command Nets N9.7bn Revenue, Seizes Drugs, Rice, Petrol Worth N501m

Vessel Mishap : MIMASA sets up Onne situation monitoring room

Latest Posts
Uncategorized

Growing Democratic Concerns Over Biden’s 2024 Re-Election Bid

Featured

Review: AI Tops World Economic Forum’s List of Top 10 Emerging Technologies of 2024

Featured

Coronavirus Latest: Japan’s Vaccination Rate Tops 75% As Cases Drop Drastically

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

Advertisement
Demo
Facebook X (Twitter) WhatsApp TikTok Instagram

News

  • World
  • US Politics
  • EU Politics
  • Business
  • Science

Company

  • Information
  • Advertising
  • Classified Ads
  • Contact Info
  • Do Not Sell Data
  • GDPR Policy
  • Media Kits

Services

  • Subscriptions
  • Customer Support
  • Bulk Packages
  • Newsletters
  • Sponsored News
  • Work With Us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2026 Pointnews247. Designed by TechyX360.
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.