Lagos, Nigeria – Dangote Industries Limited signed a $4.2 billion, 25-year natural gas deal with China’s GCL Group to fuel a fertilizer plant in Ethiopia. Aliko Dangote inked the pact in Lagos on March 16. The move bolsters a $2.5 billion urea project with Ethiopian Investment Holdings.
Dangote holds 60 percent stake, Ethiopia 40 percent. The Gode complex aims for 3 million metric tons yearly by 2029. GCL supplies gas from Hilal and Calub fields via pipelines.
Okay News reports partnership quotes. GCL Chairman Zhu Gongshan called it a China-Africa model blending gas, pipes, and manufacturing. Dangote eyes Africa’s self-reliance in fertilizers.
Global demand surges from Middle East disruptions via Strait of Hormuz. Dangote Fertilizer sees order spikes. Lagos plant makes 3 million tons yearly, exporting 37 percent to the U.S.
The firm plans tech ties to boost output and cut emissions. Ethiopia gains jobs, food security, and East Africa export hub status. Infrastructure covers storage and logistics.
Dangote seeks to top Qatar as top urea exporter in four years. The deal fits industrial chain building. Africa cuts import dependence through local production.
