AFC commits $600mn to Dangote fertiliser expansion

The Africa Finance Corporation (AFC) has committed $600mn to support a $7bn fertiliser expansion programme by Dangote Group. The investment aims to triple production capacity in Nigeria and establish a new manufacturing facility in Ethiopia. Financing will be provided to Greenview Fertiliser Corp, Dangote's fertiliser holding company, as part of a broader effort to strengthen Africa's agricultural input supply chain and reduce reliance on imported fertilisers.