Dangote to fund $660m petroleum pipeline linking Ethiopia and Djibouti
Nigerian billionaire Aliko Dangote is financing a $660 million refined petroleum pipeline between Ethiopia and Djibouti. The 120km pipeline will connect Damerjog port in Djibouti to a distribution facility in Dewele, Ethiopia. This project aims to reduce logistics costs, delays, and strengthen energy security for landlocked Ethiopia, which depends heavily on Djibouti's port. Operations are expected to start within 18 months, including storage facilities at both ends. This pipeline is part of Dangote Group's broader infrastructure expansion in Africa.
Brève Publié le (Africa/Lagos, UTC+1) · date de l'événement : 2026-09-24
Nigerian billionaire Aliko Dangote is helping fund a $660 million refined petroleum product pipeline between Ethiopia and Djibouti, announced by Ethiopian Investment Holdings on Thursday.
The project involves constructing a 120km pipeline linking Damerjog port in Djibouti to a distribution facility in Dewele, Ethiopia. As a landlocked country, Ethiopia relies heavily on Djibouti’s port for imports, including petroleum products.
The pipeline is expected to begin operations within 18 months and will include storage facilities at both ends of the connection.
Ethiopia’s Prime Minister Abiy Ahmed highlighted that the pipeline “will reduce logistics costs and delays” and strengthen energy security along this critical corridor.
This initiative aligns with Dangote Group’s ongoing infrastructure and manufacturing expansion across Africa, which includes a $4 billion fertilizer pipeline and power plant, a polypropylene packaging facility in Ethiopia, and an upcoming 700,000-barrel-per-day oil refinery in Lamu, Kenya.