Dangote Seals $2.5 Billion Fertilizer Plant Deal with Ethiopia
Addis Ababa, August 28, 2025 — Africa’s richest man, Aliko Dangote, has signed a landmark $2.5 billion agreement with the Ethiopian government to establish a fertilizer plant that is set to transform the country’s agriculture-driven economy. The deal, signed on Thursday in Addis Ababa, gives Dangote Industries Limited a 60% ownership stake, while Ethiopian Investment
