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Ethiopian Investment Holdings and Dangote Group to develop a world-class urea fertiliser production complex

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Ethiopian Investment Holdings, the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a shareholders’ agreement to develop, construct and operate a world-class urea fertiliser production complex in Gode, Ethiopia. Under the partnership structure, Ethiopian Investment Holdings will hold a 40% equity stake, while Dangote Group will retain 60% ownership.

The project is set to establish one of the world’s largest single-site urea fertiliser production complexes, with facilities boasting a combined capacity of up to three million metric tonnes per annum.

Thami Ngubeni spoke to Mered Fikireyohannes, Founder and CEO of Pragma Investment Advisory.

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