• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Agribusiness

Dangote to Build $2.5 Billion Fertiliser Facility in Ethiopia

2 months ago
in Agribusiness, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
41
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Government Announces Death of Former First Lady Nana Konadu Agyeman-Rawlings

New UN Forum Aims to Tackle Developing Economies’ Debt Issues

Dangote Plans 10% Sale of Refinery Shares

Dangote to Build $2.5 Billion Fertiliser Facility in Ethiopia

Ethiopia has entered into a partnership with Nigeria’s Dangote Group to establish a $2.5 billion fertiliser plant, Prime Minister Abiy Ahmed announced Thursday on X.

The facility, to be built in Gode, southeastern Ethiopia, will have an annual production capacity of 3 million metric tons.

The project is part of billionaire Aliko Dangote’s broader push to reduce Africa’s heavy reliance on imported fertiliser and improve self-sufficiency in agricultural inputs.

The agreement was signed between state-owned Ethiopian Investment Holdings (EIH) and Dangote Group. Under the deal, Dangote will hold a 60% stake, while EIH retains a 40% stake.

In a statement posted on X, Dangote described the investment as reflecting a “shared vision to industrialise Africa and achieve food security across the continent.”

Africa’s import reliance threatens food security

Africa imports more than 6 million metric tons of fertiliser each year, a costly reliance that undermines agricultural productivity and leaves farmers vulnerable to global supply shocks.

A trade report by Afreximbank shows that in 2021, the continent’s fertiliser exports were valued at $8.9 billion, more than twice its import bill of $3.7 billion.

This surplus was driven primarily by North African producers, with Morocco and Egypt alone accounting for $6.23 billion, or more than 70% of total exports, underscoring the region’s central role in global supply chains.

That same year, 15 African countries were net exporters of fertiliser, pointing to the continent’s potential to expand intra-African trade. Still, major agricultural markets, such as Ethiopia, Côte d’Ivoire, Zambia, Kenya, and the Democratic Republic of the Congo, remained heavily dependent on imports.

Source: businessinsider
Via: norvanreports
Tags: DangoteDangote to Build $2.5 Billion Fertiliser Facility in EthiopiaEthiopia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

CAL Bank’s Total Assets Drop by GHS 1.42bn in Q3 2025; CAR Remains Below Regulatory Threshold

Former First Lady Nana Konadu Agyeman-Rawlings Passes Away at 77

GFA President Commends Ghanaian Media, Calls For Continued Collaboration to Advance Football Development

Africa Loses $5bn Annually to Forex Transactions, Says AfCFTA Secretariat

World Bank Unveils IFC2030 Strategy to Boost Private Capital and Job Creation

Domestic Debt Surpasses External Debt for the First Time in Years

Trending

Features

Government Announces Death of Former First Lady Nana Konadu Agyeman-Rawlings

October 23, 2025

Government Announces Death of Former First Lady Nana Konadu Agyeman-Rawlings The Government of Ghana has announced with...

New UN Forum Aims to Tackle Developing Economies’ Debt Issues

October 23, 2025

Dangote Plans 10% Sale of Refinery Shares

October 23, 2025

CAL Bank’s Total Assets Drop by GHS 1.42bn in Q3 2025; CAR Remains Below Regulatory Threshold

October 23, 2025

Former First Lady Nana Konadu Agyeman-Rawlings Passes Away at 77

October 23, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.