The President of Dangote Industries Limited, Aliko Dangote, has been given a warm reception in Gode, Ethiopia, during a visit linked to the company’s fertiliser plant project in the country.
He was received by Ethiopian Prime Minister Abiy Ahmed, and both officials later toured the construction site of the proposed facility on Sunday.
Last year, Ethiopia entered into a shareholders’ agreement with Dangote Group in August for the development of a urea production plant with an annual capacity of three million metric tonnes. Construction of the project officially commenced in October 2025.
The venture is structured as a partnership in which Dangote Group holds a 60 per cent stake, while Ethiopian Investment Holdings controls the remaining 40 per cent.
During the visit, Dangote announced an upward review of the total investment in the project, raising it from $2.5 billion to over $4 billion.
A statement from the Dangote Group noted, “Dangote announced an increase in investment from $2.5 billion to over $4 billion, reflecting expanded scope, including a 110km pipeline, a 120MW power plant, a polypropylene packaging facility, and a two-million-tonne NPK blending plant.”
Prime Minister Abiy, who accompanied him on the inspection tour, said the project plays a critical role in Ethiopia’s national development priorities.
He stated, “This initiative represents far more than infrastructure. It is a strategic investment in Ethiopia’s agricultural transformation, food security, industrial growth, and economic self-reliance.”
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He further highlighted the expected economic impact of the facility upon completion.
“Once completed, the fertiliser plant will play a vital role in strengthening local production capacity, reducing dependence on imports, supporting millions of farmers, and creating new opportunities for jobs and investment,” he said.
Reflecting on the progress of the project, Abiy added:
“This morning, together with Aliko Dangote, I visited the project site in Gode to assess the progress achieved so far. I am encouraged by the steady momentum across the project area.
“Construction activities are advancing as planned across multiple sections of the site, reflecting the strong commitment and collaboration driving this important national project forward,” he stated.
A separate statement from Dangote Group also reaffirmed the company’s broader continental vision, saying, “The project reinforces Dangote Group’s commitment to industrial development across Africa.”