Dangote's $660m Djibouti-Ethiopia oil pipeline praised by African leaders

Dangote's $660m Djibouti-Ethiopia oil pipeline praised by African leaders

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Triple T in General • September 24, 2026, 10:40 pm
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Ethiopian Prime Minister Abiy Ahmed and Djibouti President Ismaïl Omar Guelleh have lauded Dangote Group’s $660 million Damarjog‑Dewele Oil Terminal and Pipeline Project, calling it a transformative infrastructure investment for regional trade and energy supply. Speaking at the groundbreaking ceremony in Djibouti’s Damerjog Industrial Development Free Trade Zone, they highlighted the 120‑kilometre multiproduct pipeline that will link marine storage at Damarjog with inland facilities at Dewele, streamlining refined petroleum product flows into Ethiopia and reducing transport bottlenecks.

For Nigerians, the project underscores the growing clout of homegrown conglomerates like Dangote in shaping Africa’s infrastructure landscape. It signals potential opportunities for Nigerian contractors, suppliers and professionals to participate in cross‑border projects, while also reinforcing the idea that African‑led investment can tackle continental challenges such as energy insecurity and logistics inefficiencies. The initiative aligns with Dangote’s Vision 2030 plan to invest $50 billion across the continent in industrial and energy assets.

What should you take from this? Consider how expanding Nigerian‑led ventures might open doors for partnerships or employment abroad, and reflect on whether deeper regional integration—like this Djibouti‑Ethiopia corridor—could eventually lower costs for Nigerian businesses that rely on imported fuel or export goods through African trade routes.


SOURCE: https://www.premiumtimesng.com/business/business-news/912201-ethiopia-djibouti-hail-dangotes-660-million-pipeline-as-energy-security-boost.html


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