Congratulations to all Ethiopians on another milestone in our journey toward food security and agricultural transformation. Today, we signed the Fertilizer Complex Shareholder Investment Agreement between Ethiopian Investment Holdings and Dangote Group. With an investment of $2.5 billion, this mega project will produce up to 3 million metric tons of fertilizer annually, placing Ethiopia among the largest producers globally.
This project will create jobs locally, ensure a reliable fertilizer supply for our farmers who have long faced challenges, and mark a decisive step in our path to food sovereignty. It strengthens Ethiopiaโs competitiveness across the continent and reflects our commitment to executing strategic investments that serve our people and our future.
Following todayโs signing, we will officially launch the project on site. We have started this journey, and we will finish it for our farmers, for our economy, and for Ethiopiaโs future.
GERD is Ethiopiaโs national treasureโshowing how determination and unity can create lasting progress. A dam of pride for all Ethiopians. #GERD#PrideOfAfrica#EthiopiaRising#AfricaRising