Africa-Press – Ethiopia. In the Presence of Prime Minister Abiy Ahmed, Ethiopian Investment Holdings and Dangote Industries Limited have signed a 2.5 billion USD Fertilizer Complex Shareholder Investment Agreement.
“Congratulations to all Ethiopians on another milestone in our journey toward food security and agricultural transformation. Today, we signed the Fertilizer Complex Shareholder Investment Agreement between Ethiopian Investment Holdings and Dangote Industries Limited,” the Prime Minister shared on social media channels.
According to the Premier, With an investment of 2.5 billion USD, this mega project will produce up to 3 million metric tons of fertilizer annually, placing Ethiopia among the largest producers globally.
He further elaborated that this project will create jobs locally, ensure a reliable fertilizer supply for our farmers who have long faced challenges, and mark a decisive step in our path to food sovereignty.
“It strengthens Ethiopia’s competitiveness across the continent and reflects our commitment to executing strategic investments that serve our people and our future,” PM Abiy stated.
Following today’s signing, he underscored: “we will officially launch the project on site. We have started this journey, and we will finish it for our farmers, for our economy, and for Ethiopia’s future.”
For More News And Analysis About Ethiopia Follow Africa-Press
