# Dangote Plans Ethiopia Fertiliser Listing

> Dangote to sell 10% of Ethiopia's fertiliser plant on local stock exchange.
- Title: Dangote Plans Ethiopia Fertiliser Listing · The Rio Times
- Summary: Dangote to sell 10% of Ethiopia's fertiliser plant on local stock exchange. Nigerian billionaire Aliko Dangote will sell at least 10% of his Ethiopian…
- Keywords: aliko dangote, ethiopia, dangote group, ethiopian securities exchange, fertiliser, gode plant, ethiopian investment holdings, urea, nigerian oil refinery, ethiopia fertiliser, ethiopian stock market, news
- Source: The Rio Times — https://riotimesonline.com/dangote-ethiopia-fertiliser-listing-plan
- Author: Amina Diarra
- Published: 2026-10-20T02:36:01+00:00
- Read time: 1 min
- Topics: aliko dangote, ethiopia, dangote group, ethiopian securities exchange, fertiliser, gode plant, ethiopian investment holdings, urea, nigerian oil refinery, ethiopia fertiliser, ethiopian stock market, news
## Dangote Plans Ethiopia Fertiliser Listing
Nigerian billionaire Aliko Dangote plans to sell at least 10% of his Ethiopian fertiliser venture on the Ethiopian Securities Exchange.

> We need to sell minimum at least 10 percent of it at this Ethiopian Stock Exchange
## Plant Details
Urea fertiliser complex at Gode, Ethiopia's Somali Regional State, designed to produce 3 million tonnes of urea annually.
## Ownership Structure
Dangote Group holds 60%, Ethiopian Investment Holdings holds 40% under shareholders' agreement signed in August 2025.
## Investment Costs
Planned investment rose from US$2.5 billion to more than US$4 billion by May 2026.
## Stock Exchange Context
Ethiopian Securities Exchange began trading in January 2025 as country's first formal stock exchange in over 50 years.
## Dangote's Stance
Dangote said he would discuss the plan with Prime Minister Abiy Ahmed but would proceed regardless.

> Even if he doesn't agree, we will take our own 10 percent and sell
## What's Unknown
Price, share count, timetable, and whether 10% comes from Dangote's stake remain undisclosed.
## US Investors Impact
US investors gain new frontier market asset: large industrial project listed on young Ethiopian exchange.
## What Happens Next
Listing expected after plant construction completes, with completion projected around 2029.
## Key takeaway

Nigerian billionaire Aliko Dangote will sell at least 10% of his Ethiopian fertiliser venture on the Ethiopian Securities Exchange after plant construction completes.