Aliko Dangote’s Dangote Industries Limited has entered into a $4.2 billion, 25-year natural gas supply agreement with China’s GCL Group to support its major fertilizer project in Ethiopia. It will supply natural gas to Dangote’s planned 3-million-tonne-per-year urea fertilizer plant in Ethiopia, a $2.5 billion project expected to begin operations in 2029. The facility, being developed in partnership with Ethiopian Investment Holdings, is projected to become the largest fertilizer production hub in East Africa. He noted that the project would create a complete value chain from gas extraction to fertilizer production, helping to strengthen food security across the continent. It is also expected to support cleaner industrial processes, as natural gas-based fertilizer production aligns with global low-carbon goals.

Source: Ethiopian News March 19, 2026 04:29 UTC