Dangote, Ethiopia to Invest $660 Million in Pipeline, Storage
AI Summary
Aliko Dangote and Ethiopian Investment Holdings announced a $660 million investment to build a petroleum-products pipeline connecting Ethiopia to the coast of Djibouti. This infrastructure project aims to enhance energy logistics and trade in the Horn of Africa region.
Aliko Dangote, Africa’s richest person, and Ethiopian Investment Holdings will invest $660 million to build a petroleum-products pipeline to link the Horn of Africa nation to Djibouti’s coast.
Politics Deals Real Estate Energy Shipping Aliko Dangote Ethiopian Investment Holdings pipeline Djibouti coast petroleum infrastructure Horn of Africa