Ethiopia Signs $2.5 Billion Agreement With Dangote Group to Build Fertilizer Plant: PM Abiy

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Ethiopia Signs $2.5 Billion Agreement With Dangote Group to Build Fertilizer Plant: PM Abiy

The Fertilizer Complex Shareholder Investment Agreement will result in production of up to 3 million metric tonnes of fertilizer annually, positioning Ethiopia among the world's top producers, Abiy Ahmed wrote on his social media.

According to him, the agreement will:

🟠create local jobs,

🟠ensure a reliable fertilizer supply for Ethiopian farmers,

🟠promote food sovereignty.

The investment strengthens Ethiopia's competitiveness in Africa and reflects its commitment to strategic projects, the Ethiopian prime minister noted.

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