A Kenyan government official addresses a meeting on anti-corruption efforts and reforms in Kenya.
Ethiopia has struck a landmark deal with Nigeria’s Dangote Group to build a $2.5 billion fertilizer plant, one of Africa’s largest, aimed at boosting the continent’s food self-sufficiency. Announced by Prime Minister Abiy Ahmed, the project will be located in Gode, southeastern Ethiopia, and is expected to produce 3 million metric tons annually. Under the agreement, state-owned Ethiopian Investment Holdings will hold a 40% stake, while Dangote Group takes 60%. Billionaire Aliko Dangote described the venture as a step toward industrializing Africa and achieving lasting food security. This project not only strengthens economic ties between Nigeria and Ethiopia but also positions fertilizer production as a cornerstone of Africa’s agricultural transformation.
Reuters