ADDIS ABABA, Ethiopia – Ethiopian Investment Holdings (EIH), the government’s sovereign investment arm, has signed a landmark agreement with Nigeria’s Dangote Group to build a multi-billion-dollar fertilizer complex in Gode, Somali Regional State. The project, one of the largest industrial investments in Ethiopia’s history, is designed to transform the country’s agriculture and reduce reliance on imports.
Project Overview
The mega facility will rank among the top five largest urea fertilizer complexes worldwide, with an annual capacity of up to three million metric tons. The site will draw on natural gas from Ethiopia’s Hilala and Calub reserves, delivered via a dedicated pipeline, ensuring stable supply and cost efficiency.
Beyond urea, the agreement outlines expansions into ammonia-based fertilizers such as ammonium nitrate, ammonium sulfate, and calcium ammonium nitrate—positioning Ethiopia as a future fertilizer hub for Africa.
Investment and Timeline
- Total Investment: Up to $2.5 billion
- Ownership: Dangote Group (60%), EIH (40%)
- Timeline: Completion targeted in 40 months
- Jobs: Thousands of direct and indirect roles expected
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