The African Finance Corporation (AFC) has committed $600 million to support the Dangote Group’s ambitious $7 billion expansion program aimed at boosting fertilizer production across Africa and strengthening the continent’s food security.
Announced in Addis Ababa, the financing will be directed through Greenview Fertilizer Corporation, Dangote Group’s fertilizer holding company. The investment is expected to significantly expand domestic fertilizer production and reduce Africa’s heavy reliance on imported agricultural inputs.
Related articles
A key component of the expansion program is the planned tripling of Dangote’s urea fertilizer production capacity in Nigeria, increasing output from the current 3 million metric tons to 9 million metric tons annually.
The project also includes the construction of a new urea fertilizer plant in Ethiopia with an annual production capacity of 3 million metric tons. The facility is expected to play a strategic role in supporting agricultural productivity, improving fertilizer availability, and enhancing food security across the region.
According to AFC, the investment aligns with broader efforts to strengthen Africa’s industrial base, reduce import dependency, and support long-term economic growth through increased local manufacturing capacity.
The expansion comes as African countries seek to address persistent fertilizer shortages and rising agricultural input costs that have affected food production across the continent. Once completed, the new facilities are expected to make Africa a more significant player in the global fertilizer market while supporting the continent’s growing food demand.
