Africa’s ambition to feed itself took a bold step forward as Ethiopia sealed a landmark partnership with Nigeria’s Dangote Group to establish a massive $2.5 billion fertiliser plant in Gode, southeastern Ethiopia.

The project, unveiled by Prime Minister Abiy Ahmed, is designed to manufacture 3 million metric tons of fertiliser annually, a move expected to reduce the continent’s heavy reliance on imports and strengthen domestic food production.

At the signing ceremony in Addis Ababa, Ethiopia’s state-owned Ethiopian Investment Holdings (EIH) confirmed that it will hold a 40% equity stake, while Dangote Group secures 60% ownership of the venture.

For Africa’s richest man, Aliko Dangote, the deal goes beyond business. He described it as a commitment to industrialising the continent and advancing food security, underscoring his long-standing vision of building self-reliant supply chains for critical resources.

The partnership represents more than bricks, steel, and capital—it marks a decisive move toward transforming Africa from an import-dependent market into a global food powerhouse.

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Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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