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Dangote to finance $660M Ethiopia-Djibouti fuel pipeline
Nationwide NewsLO·ET · DJ·2 days ago
Ethiopia and Djibouti have endorsed Dangote Group's $660 million Damarjog-Dewele oil terminal and pipeline project, framing it as a strategic boost to energy security and regional trade integration. The project, which connects Djibouti's port to Ethiopia, is expected to reduce fuel import bottlenecks and deepen economic ties in the Horn of Africa. Construction status and timeline remain unconfirmed, and the endorsement signals political backing rather than a completed infrastructure milestone.
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