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.
Aliko Dangote, the Nigerian billionaire who chairs the Dangote Group, said his company has been able to sustain 54,000 jobs in four African countries: Ethiopia, Nigeria, Senegal, and South Africa.
The Nigerian multinational industrial conglomerate owned by the Nigerian business tycoon Aliko Dangote, Dangote Group, disclosed it will double its investment in Ethiopia. Dangote made the announcement on Thursday, January 4, 2018, after holding a meeting with Ethiopia’s Prime Minister, Hailemariam Dessalegn.
Dangote is planning to build factories and import terminals in Ethiopia 
Dangote, Nigeria's biggest cement producer, is set to start setting up a 400 million dollar cement factory in Zambia this month, Felix Mutati, Zambia's commerce, trade and industry minister said on Monday.
Danieli SpA, Italian steel mill engineers, was awarded the half billion US dollar turnkey project to construct Toussa Steel Mill. 
Toussa Steel mill is expected to be the largest steel mill in Ethiopia with an estimated annual production capacity of 1.3 million tons.
Toussa was licensed with the Ethiopian Investment Agency in July of last year and plans on producing reinforcement bars, billets and hollow sections amongst other steel products. The factory will go on to produce steel railway tracks in its second phase.
