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Africa’s largest fertilizer plant, a $4.0 billion joint venture between Nigeria’s Dangote Group @DangoteGroup and the Ethiopian government, is under construction in the Eastern part of Ethiopia. The investment is an excellent illustration of African public-private leadership at its best —the Ethiopian government led by H.E. Prime Minister Abiy Ahmed @AbiyAhmedAli and Nigerian/African private sector led by Alhaji Aliko Dangote @AlikoDangote—and brings together Africa’s two systemically important and influential countries which account for one-third of the continent’s population and are amongst the five largest economies. The fertilizer plant will produce 3.0-million metric tons of urea annually. The initial investment was $2.5 billion but has now been increased to $4.0 billion to include a 110 km pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-ton NPK blending plant. The investment helps Ethiopia—the world’s 2nd fastest growing economy (IMF) and Africa’s 2nd most populous country after Nigeria, with 135 million people—achieve its strategic goal to boost agriculture, enhance food security and reduce import dependence. For the Dangote Group the investment further demonstrates its commitment to industrial development in Ethiopia and across Africa. Dangote already has invested in the 2nd largest cement factory in Ethiopia.

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