Dangote to build $2.5bn fertiliser plant in Ethiopia

Ethiopian Investment Holding CEO Brook Taye (left) and Dangote Fertilizers CEO Vishwajit Sinha sign the $2.5bn fertiliser plant agreement as Ethiopia’s Prime Minister Abiy Ahmed (back left) and Dangote Group President Aliko Dangote (back right) look on at the National Palace in Addis Ababa, August 28, 2025.

Photo credit: Reuters

The Ethiopian government and Nigerian multinational conglomerate Dangote Group have signed a landmark agreement for the construction of a $2.5 billion fertiliser manufacturing plant, as Prime Minister Abiy Ahmed’s administration moves to reduce over-dependence on imports and boost local production.

Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, and Dangote Group signed the agreement to develop a world-class urea fertiliser complex in Gode, Ethiopia. The facility will produce up to three million tonnes annually, placing it among the largest globally.