The Reporter Ethiopia

6/16/2026

Web, Ethiopia

AFC’s USD 600mln Commitment Bolsters Dangote Fertilizer Ambitions

The Nigeria-based African Finance Corporation (AFC) is committing USD 600 million to an expansion program under Dangote Fertiliser Limited, which seeks to invest a total of seven billion dollars in projects in Nigeria and Ethiopia. The Dangote Group envisions tripling its urea production capacity in Nigeria to nine million metric tonnes a year, while a […]

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