Browsing Tag

Dangote

Ethiopia, Dangote strike $2.5B deal to build Gode, Somali Region fertilizer complex

Ethiopia Bets on Homegrown Fertilizer as Dangote Signs $2.5 Billion Deal in Somali Region For a country where seven in ten people make a living from the land, the announcement landed with the weight of a good rain. Ethiopia will partner with Nigeria’s Dangote Group to build one of the world’s largest urea fertilizer complexes in Gode, in the Somali Regional State—an arid corner better known to many Ethiopians as a frontier than a factory town. The deal, framed as a bid for “food sovereignty,” is also a test of whether East…

Aliko Dangote, Nigerian billionaire, Africa’s first fortune

"Today is the economy" portrays Nigerian billionaire Aliko Dangote, founder and head of the conglomerate that bears his name and Africa's first fortune. He created his fortune in Nigeria but his dream goes beyond his country. Aliko Dangote: “We have a lot to do. We must liberate Africa economically from Africans. The only way we can thrive is for Africans to control their economies alone. The strangers will see what we do, then they will join us. Of course, we can not grow alone, but we have to lead. ” The core of…

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