Alhaji Aliko Dangote, the richest man in Africa and President of the Dangote Group, has reiterated his commitment to increasing food security throughout the continent through significant investments in fertilisers in Ethiopia.
Adding that the continent has the potential to feed itself and become a net exporter of agricultural products.
Dangote further declared that the Group’s investment in Ethiopia had increased significantly from $2.5 billion to over $4 billion.
According to a release from Dangote Group, he made this statement while speaking to reporters in Gode, Ethiopia’s Somali region, during a prominent visit organised by Prime Minister Abiy Ahmed.
The statement claims that the prime minister personally welcomed Dangote and went with him to the prospective fertiliser factory site, where work is already under progress.
Speaking on the strategic importance of fertiliser in agricultural productivity, Dangote noted that Africa’s food insecurity challenges were largely due to limited access to key inputs.
He said, “Africa holds immense agricultural potential, yet continues to grapple with food insecurity due to limited access to fertiliser.
Through our investments, we are committed to reversing this trend by boosting productivity, empowering farmers, and advancing a sustainable path to food self-sufficiency.”
He further said that the group’s ambitious goal can be achieved through consistent investment in agricultural infrastructure and fertiliser production.
Additionally, Dangote declared that the Group’s investment in Ethiopia had increased significantly from $2.5 billion to over $4 billion.
He also described Ethiopia as a crucial strategic location for long-term investments made by Dangote Group.
Dangote further commended Prime Minister Ahmed’s leadership and vision for economic transformation.
BACKSTORY…
Recall that in 2025, the President/Chief Executive of the Dangote Group, Aliko Dangote, led the ground breaking of a $2.5bn fertiliser plant in Gode, Ethiopia.
The project will use Ethiopia’s abundant natural gas resources from the Hilal and Calub reservoirs to boost agricultural production, create jobs, and enhance food security across the Horn of Africa. It is located in the southeastern part of the country.
Join Our Social Media Channels:
