Dangote Expands Ethiopia Investment
African business magnate Aliko Dangote received a warm reception in Ethiopia during his recent visit as he announced plans to increase his fertiliser investment in the country to $4 billion.
The development marks another major expansion of the Dangote Group’s operations across Africa.
During meetings with government officials and business leaders in Addis Ababa, Dangote reportedly discussed fresh investment opportunities aimed at boosting fertiliser production and supporting agriculture in Ethiopia.
The visit also drew attention from local supporters and investors who welcomed the expansion plans.
The new investment is expected to strengthen fertiliser supply, create jobs and support farming activities within the country.
Ethiopia has continued to attract foreign investors seeking opportunities in agriculture, manufacturing and industrial development.
Dangote’s growing presence in Ethiopia adds to his expanding business footprint across the continent.
Analysts say the latest move could deepen trade ties between Nigeria and Ethiopia while improving food production and industrial growth in the region.


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