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Dangote raises Ethiopia investment to $4bn

May 18, 2026 at 06:13 AM

President of the Dangote Group, Aliko Dangote, has increased the company’s investment in Ethiopia to over $4bn, reaffirming plans to strengthen Africa’s food security through large-scale fertiliser production. Dangote disclosed this during a visit to Gode in Ethiopia’s Somali region, where he was hosted by Prime Minister Abiy Ahmed. According to a...

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