Africa Finance Corporation supports US$7 billion Dangote expansion
Published by Oliver Kleinschmidt,
Deputy Editor
World Fertilizer,
Africa Finance Corporation (AFC) has provided support for a US$7 billion expansion programme that will significantly increase Dangote Fertiliser's production capacity in Nigeria and establish a major new fertilizer manufacturing platform in Ethiopia.
AFC has committed US$600 million to Dangote Group’s US$7 billion fertilizer expansion programme, which aims to increase Africa’s domestic fertilizer production and enhance food security. The funds will be provided to Greenview Fertiliser Corp., Dangote’s fertilizer holding company, as part of the broader expansion strategy.
Dangote plans to increase Nigeria’s annual urea production capacity from 3 million to 9 million t and build a 3 million tpy urea plant in Ethiopia. These projects are expected to reduce Africa’s reliance on imported fertilizers, boost agricultural productivity, and strengthen the continent’s position in global fertilizer markets.
The expansion represents a major step towards strengthening agricultural productivity, reducing dependence on imported fertilizer, supporting farmers, and improving food security across Africa.
At a time when population growth, climate pressures, and global supply chain disruptions continue to challenge food systems worldwide, Africa must build the industrial capacity required to support its own development. This investment is about more than fertilizer production. It is about creating the foundations for long-term agricultural resilience, economic growth, and greater self-sufficiency across Africa.
Read the article online at: https://www.worldfertilizer.com/nitrogen/22062026/africa-finance-corporation-supports-us7-billion-dangote-expansion/
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