Macro Finance
Dangote, Ethiopia to Invest $660 Million in Pipeline, Storage
Bloomberg Markets·September 24, 2026·1 min read
Aliko Dangote and Ethiopian Investment Holdings will invest $660 million to build a petroleum-products pipeline linking Ethiopia to Djibouti's coast. The project aims to improve fuel supply for the Horn of Africa nation, which currently relies on imports through the port. Construction details and timeline were not disclosed.
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