What is the total investment amount, key partners, and primary purpose of the new petroleum infrastructure project between Ethiopia and Djibouti?

The total investment amount is $660 million, jointly committed by Aliko Dangote—Africa’s richest person—and Ethiopian Investment Holdings. The primary purpose is to build a 120-kilometer petroleum-products pipeline linking Ethiopia to Djibouti’s coast, along with two petroleum storage facilities (375,000 cubic metres at Damerjog and 800,000 cubic metres at Dewele), to reduce logistics costs and delays, strengthen energy security, and enhance the efficiency and resilience of the Ethiopia–Djibouti corridor.

How long is the pipeline, where are the storage facilities located, and what is the expected timeline for completion?

The pipeline will stretch for 120 kilometers. The two petroleum storage facilities will be located at Damerjog (375,000 cubic metres) and Dewele (800,000 cubic metres). According to the announcement, the projects are expected to be completed and become operational within three years.

Dangote, Ethiopia to Invest $660 Million in Pipeline, Storage

16 hours ago

Dangote and Ethiopian Investment Holdings plan to invest $660 million in a 120-kilometer petroleum pipeline and storage facilities linking Ethiopia to Djibouti. The project aims to enhance energy security and reduce logistics costs within three years.

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Dangote, Ethiopia to Invest $660 Million in Pipeline, Storage

Dangote, Ethiopia to Invest $660 Million in Pipeline, Storage

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