Africa Finance Corporation (AFC) has announced a USD 600 million financing facility to Greenview Fertiliser Corp., Dangote Group’s fertiliser holding company, to support the group’s fertiliser expansion programme in Nigeria and Ethiopia.
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The Industrial Parks Development Corporation has introduced a new policy measure aimed at supporting domestic manufacturers by offering reduced service fees and four years of free access to selected special economic zones, formerly referred to as industrial parks.
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A group of U.S. solar panel manufacturers has asked the U.S. Department of Commerce to investigate solar shipments from Ethiopia, alleging that companies are completing production there to avoid import duties on Chinese made solar products.
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Dangote Industries Limited (DIL) has signed a 25 year natural gas supply agreement with China’s GCL Group to support a planned fertilizer project in Ethiopia.
The agreement, valued at USD 4.2 billion, was signed in Lagos and will supply gas to Dangote Group’s planned urea fertilizer plant in Gode, in Ethiopia’s Somali Region. The project is designed to produce 3 million tonnes of urea annually.
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The Ministry of Health has reported that more than 40 percent of the medicines supplied for domestic consumption are produced domestically.
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The Industrial Parks Development Corporation (IPDC) says it attracted more than USD 377 million in new investment during the first half of Ethiopia’s 2025/26 fiscal year, drawing 64 investors into the special economic zones and industrial parks under its administration.
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