The Nigerian group Dangote has launched the construction of a $2.5 billion fertilizer plant in southeast Ethiopia, in partnership with Ethiopian Investment Holdings (EIH). Powered by local natural gas reserves (Hilala and Calub), the plant will produce 3 million tons of urea per year, making it one of the largest in the world. The project,…...
Trending
- Nigeria: Ifeyinwa Osime takes over as President of Access Bank
- Ethiopia ends central bank monopoly on gold
- Togo: Fintech Ollo Africa increases its capital from 68 million to 1 billion CFA francs
- Zambia: Reinsurer Klapton Re expected to debut on the Lusaka Stock Exchange in March next year
- Ranking of insurance companies in Ivory Coast: SanlamAllianz leads in non-life, SUNU dominates in life
- Fintech: Nigeria leads Africa with 11 billion transactions in 2024
- Mozambique: Inauguration of a 200,000-ton graphite processing plant for an investment of 150 to 200 million USD
- Tunisia: HAYETT Assurances adopts a new visual identity and asserts its ambitions
Ethiopia: Dangote launches construction of $2.5 billion fertilizer plant
Nephthali Messanh Ledy
Editor-in-chief of Financial Afrik, Nephthali Messanh Ledy has been representing the media outlet from Lomé for the past two years. In addition to African economics and finance, he is passionate about international news. He holds degrees in International Trade and in Marketing & Communication, and also has a strong interest in social media and football.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com