Africa: Dangote, Ethiopia to Build $660m Djibouti Fuel Pipeline

Dangote Group and Ethiopian Investment Holdings will invest $660 million in a petroleum-products pipeline connecting landlocked Ethiopia with Djibouti’s coast, adding new fuel storage and transport infrastructure to one of East Africa’s main trade corridors. The project was announced by Ethiopian Prime Minister Abiy Ahmed alongside Djibouti President Ismail Omar Guelleh and Aliko Dangote.

The project will include a 120-kilometre pipeline running from Damerjog in Djibouti to Dewele in Ethiopia….