Dangote and GCL Group Ink $4.2B Gas Deal for Ethiopia Fertilizer Hub
Dangote Industries and China's GCL Group have signed a 25-year, $4.2 billion gas supply agreement to fuel a new $2.5 billion urea fertilizer plant in Ethiopia. The project aims to establish East Africa's largest fertilizer production hub by 2029, leveraging local gas reserves to ensure regional food security.