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Dangote Fertiliser Plant Deal Boosts Ethiopia’s Food Security

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Dangote fertiliser plant

Dangote fertiliser plant deal worth \$2.5bn in Ethiopia aims to boost food security, create jobs, and reduce fertiliser import dependence

Dangote fertiliser plant development has taken a major step forward after Nigerian billionaire Aliko Dangote signed a \$2.5 billion agreement with the Ethiopian government to build a world-class facility.

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Also read: Dangote Cement Earns Praise for Tax Compliance in Ogun

The deal, signed in Addis Ababa on Thursday, grants Dangote 60% ownership of the project, while Ethiopian Investment Holdings (EIH), the state-owned wealth fund, will hold the remaining 40%.

The plant will be constructed in Ethiopia’s eastern Somali region and is expected to take 40 months to complete.

Once operational, the plant will produce 3 million tons of fertiliser annually. It will also be connected via pipeline to the Calub and Hilala natural gas fields in Ethiopia’s southeast, ensuring steady supply and lower production costs.

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EIH noted that the project will drastically reduce the country’s reliance on imported fertiliser, alleviating foreign exchange pressures and providing a stable local supply.

Prime Minister Abiy Ahmed hailed the initiative as a landmark moment for Ethiopia.

“This project will create jobs locally, ensure a reliable fertiliser supply for our farmers who have long faced challenges, and mark a decisive step in our path to food sovereignty,” he said.

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For Dangote, the venture builds on his existing footprint across Africa. He already operates cement businesses in 10 African countries and runs a 3 million-ton fertiliser hub in Nigeria that began operations three years ago.

“This partnership with Ethiopian Investment Holdings represents a pivotal moment in our shared vision to industrialise Africa and achieve food security across the continent,” Dangote declared.

Also read: Dangote Signs $2.5bn Deal with Ethiopia to Build One of World’s Largest Fertiliser Plants

The Dangote fertiliser plant project is being celebrated as a milestone for both Ethiopia’s agricultural resilience and Africa’s broader drive toward self-sufficiency.

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Rest of World to Shut Down as Search for New Home Continues

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Rest of World

Rest of World shutdown plans point to January 2027 as leaders seek a new institutional home for the nonprofit technology newsroom

Rest of World, the international nonprofit digital publication known for reporting on technology’s impact beyond Western markets, is preparing to end operations as an independent organisation in January 2027 while its leadership searches for a new institutional home.

Also read: Flamingos Target Quarter-Finals in Mexico Clash

Deputy Editor Rina Chandran confirmed the development in a LinkedIn post on Monday, October 26, 2026, saying the newsroom would continue publishing until the end of January as efforts to secure a future for the publication continued.

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“Yes, it’s true: Rest of World is shutting down. After six years of award-winning reporting, our leadership is searching for a new home for the publication that was launched to cover innovation outside the West,” Chandran wrote.

She recalled joining the publication as its Southeast Asia editor in Bangkok before moving to San Francisco, where she became a deputy editor covering how technology developed in Silicon Valley affects people in other parts of the world.

Chandran described working with the publication’s reporters, editors, freelancers and columnists as a privilege, expressing appreciation for the people who contributed to its journalism.

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She also reassured contributors that work already commissioned would still be published and that existing journalism would be preserved and remain accessible.

“If you are a freelancer or columnist who has already been commissioned, you’re good! Your work will be preserved and continue to be accessible,” she wrote, thanking readers, donors and supporters.

The announcement follows a report by Semafor on Sunday that Rest of World founder and principal financial backer Sophie Schmidt had held discussions with several large institutions about potentially taking over the newsroom.

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According to Semafor, two people familiar with the plans said a late-January wind-down date had been set to give employees time to receive exit packages and seek new jobs if efforts to find a new institutional home failed.

Schmidt reportedly told donors that the publication would stop operating as a standalone entity at the end of January.

The proposed closure comes amid a reported decline in traffic from web searches and social media referrals over the preceding 18 months.

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The publication had attempted to retain readers by placing greater emphasis on Western audiences and requiring visitors to register before accessing articles.

Founded in 2020, Rest of World sought to broaden technology journalism beyond the traditional focus on Silicon Valley and other Western technology centres.

Its reporting examined how digital products, platforms and infrastructure shape everyday life, work and economies in emerging markets and other underreported regions.

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Schmidt pledged $60m to establish the project as a nonprofit newsroom.

Over the years, its coverage has explored technology-driven changes in labour markets, digital infrastructure, artificial intelligence and the influence of major technology companies.

The publication’s 2025 annual report said it reached more than 753,000 readers monthly across platforms and channels, with reporting spanning nearly 40 countries during the year.

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Those figures illustrate the scale of its international reporting, even as the organisation faces difficulties sustaining its current operating model.

The planned end of independent operations does not necessarily mean the publication’s journalism will disappear.

Its leadership is seeking an institution that could provide a future for the newsroom, while Chandran has said its existing work will remain accessible.

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Also read: Flamingos Target Quarter-Finals in Mexico Clash

Whether a suitable organisation will take over the publication, and what form Rest of World might take under new ownership or institutional support, remains unresolved.

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