• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 22, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Dangote’s Ethiopia Expansion Hits $4bn, Eyes Continental Food Self-Sufficiency

Olushola Bello by Olushola Bello
2 months ago
in Business
DANGOTE
Share on WhatsAppShare on FacebookShare on XTelegram

President of the Dangote Group, Aliko Dangote, has reaffirmed the company’s ambition to drive Africa toward food self-sufficiency as its investment in Ethiopia’s fertiliser sector rises to over $4 billion.

Dangote made the disclosure during a press briefing in Gode, in Ethiopia’s Somali region, where he is currently on a working visit hosted by Prime Minister Abiy Ahmed.

The Ethiopian leader received him and accompanied him to inspect the site of a major fertiliser plant currently under construction.

He said the expansion reflects a long-term strategy aimed at addressing Africa’s persistent food insecurity by improving access to critical agricultural inputs, particularly fertiliser.

“Africa holds immense agricultural potential, yet continues to grapple with food insecurity due to limited access to fertiliser,” Dangote said. “Through our investments, we are committed to reversing this trend by boosting productivity, empowering farmers, and advancing a sustainable path to food self-sufficiency.”

He stressed that with sustained investment in fertiliser production and supporting infrastructure, Africa has the capacity not only to feed itself but also to become a net exporter of agricultural produce.

RELATED NEWS

Federal Government Urges Faster Enforcement Of Maritime Laws

Court Ruling: Telecom Operators Seek Joint FCCPC, NCC Framework on Airtime Credit

IMF Ranks Nigeria Among Top 5 AI Economies

“Africa has the capacity to feed itself and even export to the rest of the world. Our fertiliser investments across the continent are designed to unlock that potential and secure a prosperous future for our people,” he added.

Dangote further disclosed that the Group’s total investment commitment in Ethiopia has now increased from $2.5 billion to over $4 billion. The expanded portfolio includes a 110-kilometre pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK blending plant, among other infrastructure components.
He described Ethiopia as a strategic hub in Dangote Group’s continental investment roadmap, noting that the country now ranks as the second-largest recipient of the Group’s investments in Africa, accounting for nearly nine per cent of planned outlays up to 2030.
Prime Minister Abiy Ahmed commended the pace and scale of the project, describing Dangote as a reliable partner in Ethiopia’s industrial transformation agenda.
He said the fertiliser project aligns with Ethiopia’s broader economic priorities, particularly efforts to reduce dependence on imports and strengthen domestic production capacity.
According to him, the project will not only boost fertiliser availability for millions of farmers but also create significant employment opportunities and strengthen the country’s industrial value chain.
“This type of large-scale investment demonstrates the power of strong collaboration between government and the private sector,” the Prime Minister said. “Expanding such partnerships will accelerate economic growth, attract further investment, and improve the livelihoods of our people.”
The Dangote fertiliser initiative is widely viewed as a major step toward transforming Africa’s agricultural sector, with expectations that it will enhance productivity, reduce import dependence, and support broader economic growth across the continent.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn as much as $15,000- $25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START
Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

OTHER NEWS UPDATES

Federal Government Urges Faster Enforcement Of Maritime Laws
Business

Federal Government Urges Faster Enforcement Of Maritime Laws

13 minutes ago
NCC Enlists Students in Campaign to Protect National Telecom Assets
Business

Court Ruling: Telecom Operators Seek Joint FCCPC, NCC Framework on Airtime Credit

22 minutes ago
IMF Ranks Nigeria Among Top 5 AI Economies
Business

IMF Ranks Nigeria Among Top 5 AI Economies

32 minutes ago
Next Post
Eric Dane’s Family Saddened Over Oscars “In Memoriam” Snub

Eric Dane’s Family Saddened Over Oscars “In Memoriam” Snub

Advertisement

LATEST UPDATE

Canada-Based Wife Demands Loyalty Oath Before Sponsoring Husband Abroad

49 seconds ago

20 Feared Dead As Boat Capsizes On Nigeria-Cameroon Waterway

1 minute ago

‎Yomi Gold Speaks Over Business Loss, 1-Year After Becoming A Goat Seller In The US

4 minutes ago

Busola Dakolo Breaks Silence After DJ Timmy Threatens to Expose Timi Dakolo’s ‘Secrets’

8 minutes ago

Federal Government Urges Faster Enforcement Of Maritime Laws

13 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.