March 16, (THEWILL) — Africa’s leading industrial conglomerate, Dangote Industries Limited, has signed a landmark $4.2 billion, 25-year natural gas supply agreement with China’s major energy company, GCL Group, to power a large fertiliser production project in Ethiopia. Under the arrangement, GCL Group will supply stable natural gas to Dangote Group’s planned three-million-tonne-per-year urea fertiliser production complex currently under development in Ethiopia. According to the partners, the fertiliser plant is expected to commence operations in 2029, and once completed, will become East Africa’s largest modern fertiliser production hub. President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said the collaboration represents a critical step toward strengthening Africa’s industrial capacity and food security. Chairman of GCL Group, Zhu Gongshan, described the agreement as a strategic milestone that would unlock new opportunities in Ethiopia’s energy, chemical and agricultural sectors.

Source: Ethiopian News March 16, 2026 16:49 UTC