Nigerian businessman Aliko Dangote has announced an increase in his investment in Ethiopia to over $4 billion, up from a previous commitment of $2.5 billion. This announcement was made during a visit to Gode, in the Somali region of Ethiopia, where he was hosted by Prime Minister Abiy Ahmed. Dangote outlined that the expanded investment will focus on essential infrastructure projects, including the construction of a 110-kilometre pipeline and a 120 megawatt power plant, aimed at enhancing food security in the region.
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