Major move to industrialize Africa's agriculture and enhance food security has led Dangote Group and the Government of Ethiopia, through its strategic investment arm Ethiopian Investment Holdings (EIH), following a shareholder agreement to build a world-class urea fertilizer production complex, reports ITREALMS.
The ambitious project, valued at up to $2.5 billion, will be one of the largest industrial investments in Ethiopian history. It will establish a single-site urea fertilizer complex in Gode, with a massive production capacity of up to 3 million metric tons per annum. This scale will place the facility among the top five largest urea complexes globally.
