Revealed: Why Dangote plans another IPO in Ethiopia

Legit.ng | 18-10-2026 12:45pm |

Aliko Dangote plans to sell 10% of his $4 billion Ethiopian fertiliser business to local investors through an initial public offering (IPO). The Gode plant aims to produce 3 million tonnes of urea annually and increase output. The move is part of Dangote's strategy to expand operations in Ethiopia.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.