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Nigeria4d ago

AFC commits $600mn to Dangote fertiliser expansion

$600mn committed to Dangote's $7bn fertiliser expansion in Nigeria and Ethiopia.

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Nigeria
Updated
Tuesday, 16 June 2026 at 18:30 UTC
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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.
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