Wedoany.com Report-Aug. 29, On August 28, 2025, Ethiopian Prime Minister Abiy Ahmed announced via social media platform X that Ethiopia has signed an agreement with Nigeria’s Dangote Group to construct a $2.5 billion fertiliser manufacturing facility. This initiative aligns with efforts to boost local production and reduce Africa’s reliance on fertiliser imports.

Ethiopia's Prime Minister Abiy Ahmed addresses parliament members on the current situation of the country at the parliament building in Addis Ababa, Ethiopia, March 20, 2025.

The plant, to be located in Gode town in southeastern Ethiopia, is expected to produce 3 million metric tons of fertiliser annually. The project is a collaboration between Ethiopia’s state-owned Ethiopian Investment Holdings (EIH) and the Dangote Group, led by Nigerian billionaire Aliko Dangote.

Under the agreement, Ethiopia will hold a 40% stake in the venture, while Dangote Group will own 60%, according to EIH Chief Executive Brook Taye, who spoke at the signing ceremony in Addis Ababa. This partnership marks a significant step toward enhancing Ethiopia’s agricultural infrastructure and supporting regional food security.

In a statement shared by EIH on X, Aliko Dangote said: “The investment represented a shared vision to industrialise Africa and achieve food security across the continent.” The fertiliser plant is expected to contribute to these goals by increasing access to locally produced fertilisers, reducing the need for imports, and supporting agricultural productivity.

The project reflects a broader commitment to industrial development and self-sufficiency in Africa. By establishing this facility, Ethiopia and Dangote Group aim to strengthen the agricultural sector, create economic opportunities, and address food security challenges in the region.

This agreement is part of Dangote Group’s ongoing efforts to expand its footprint in Africa’s industrial landscape. The fertiliser plant in Gode is poised to play a key role in transforming Ethiopia’s agricultural capabilities while fostering collaboration between African nations.