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Find all the economic and financial information on our Orishas Direct application to download on Play StoreEthiopia has reached a major agreement with Dangote Industries to establish a large-scale fertilizer factory in the regional state of Somali. Le Prime Minister Abiy Ahmed announced a style="font-family: "Bookman Old Style”, serif"> That the country this va bientôt commencer la construction style="font-family: "Bookman Old Style”, serif">
important factory.The $3 billion project aims to stabilize local supply chains and improve agricultural productivity, which has been disrupted in recent years due to fertilizer shortages. The proposed plant will produce urea and nitrogen-based fertilizers for both domestic and export use. It will be located near the Ethiopia-Djibouti logistics corridor, thus facilitating access to ports for raw material imports and fertilizer exports
.This project is part of Ethiopia's objective to decentralize industrial activity and attract investment to regions that have been historically underserved.
Ethiopia has repeatedly faced fertilizer shortages, which have disrupted planting seasons and highlighted the vulnerabilities in its agricultural supply chains. These shortages have been compounded by currency constraints, logistical delays, and geopolitical instability
.
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