• Home
  • About Us
  • Contact Us
Sunday, May 17, 2026
Star Lite News
  • Home
  • News
    • All
    • Business
    Dandutse

    Dandutse Questions South Africa Over Attacks on Nigerians

    Public Holidays

    FG Declares May 1 Public Holiday for 2026 Workers’ Day Celebration

    Public Holidays

    Nigeria Announces Good Friday, Easter Monday Public Holidays

    Akmodel Group Strengthens Global Collaboration with Tianyi International Enterprise Development (Photos)

    Akmodel Group Strengthens Global Collaboration with Tianyi International Enterprise Development (Photos)

    Nigeria

    NIGERIA CLINCHES PERMANENT ROLE ON ACB BOARD AT AU MEETING

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares October 1 Public Holiday

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Alexx Ekubo

    Alexx Ekubo Died of Kidney Cancer Complications at Lagos Hospital

    AMVCA

    FULL LIST: Winners of 2026 AMVCA

    Event Centre

    Edo Govt Seals Event Centre After Eedris Criticises Tinubu

    AI/VR

    AI/VR Guild, AMP Collaborate on Storytelling Workshop

    JaceBen

    Nigerian Emerging Artist JaceBen Expands Global Ambitions With Emotional Single “With You” Featuring CiCeLy

    Egbuson

    Dakore Akande And Timini Lay Father To Rest (Photos)

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    Dandutse

    Dandutse Questions South Africa Over Attacks on Nigerians

    Public Holidays

    FG Declares May 1 Public Holiday for 2026 Workers’ Day Celebration

    Public Holidays

    Nigeria Announces Good Friday, Easter Monday Public Holidays

    Akmodel Group Strengthens Global Collaboration with Tianyi International Enterprise Development (Photos)

    Akmodel Group Strengthens Global Collaboration with Tianyi International Enterprise Development (Photos)

    Nigeria

    NIGERIA CLINCHES PERMANENT ROLE ON ACB BOARD AT AU MEETING

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares October 1 Public Holiday

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Alexx Ekubo

    Alexx Ekubo Died of Kidney Cancer Complications at Lagos Hospital

    AMVCA

    FULL LIST: Winners of 2026 AMVCA

    Event Centre

    Edo Govt Seals Event Centre After Eedris Criticises Tinubu

    AI/VR

    AI/VR Guild, AMP Collaborate on Storytelling Workshop

    JaceBen

    Nigerian Emerging Artist JaceBen Expands Global Ambitions With Emotional Single “With You” Featuring CiCeLy

    Egbuson

    Dakore Akande And Timini Lay Father To Rest (Photos)

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Business

Dangote Seals US$4.2bn Gas Deal with China’s GCL Group to Power Its Ethiopian Fertilizer Megaproject

starliteadmin by starliteadmin
March 16, 2026
in Business
0
Aliko Dangote
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia.

The agreement, signed in Lagos, reinforces one of the most significant China-Africa industrial partnerships to date.

Under the long‑term arrangement, GCL Group will supply stable natural gas to Dangote Group’s upcoming 3‑million‑tonne‑per‑year urea fertilizer production complex in Ethiopia. The plant, valued at US$2.5 billion, is being developed under a 60:40 equity structure between Dangote Group and Ethiopian Investment Holdings (EIH), respectively, and is scheduled to begin operations in 2029.

Once commissioned, the facility will become East Africa’s largest modern fertilizer production hub, fully meeting Ethiopia’s current urea import demand while supplying neighbouring regional markets. The project is expected to significantly reshape East Africa’s fertilizer landscape, reducing reliance on imports and strengthening agricultural self‑sufficiency.

The natural gas supplied by GCL will be sourced from the Calub Gas Field in Ethiopia’s Ogaden Basin and delivered via a dedicated 108‑kilometre pipeline directly to the Dangote fertilizer complex in Gode, Somali Region. The initiative aligns with Africa’s broader objective of establishing an integrated energy‑to‑food value chain, leveraging local resources to drive industrial autonomy.

Describing the significance of the collaboration, Aliko Dangote, President/Chief Executive of Dangote Industries Limited, said: “Africa’s energy industry cannot continue indefinitely exporting raw materials while importing finished products. We must pursue a new path of highly autonomous development. Through seamless integration and strategic cooperation with GCL, we will achieve an efficient closed‑loop value chain from natural gas extraction to fertilizer production, taking a crucial step toward enabling Africa to secure greater autonomy over its food security.”

Chairman of GCL Group, Mr. Zhu Gongshan, also reaffirmed the company’s confidence in the partnership, noting that the agreement was made possible through the facilitation and support of the Ethiopian government:

“This cooperation will enable both sides to expand new frontiers in Ethiopia’s energy, chemical, and food security sectors while transitioning from a ‘business going global’ model toward a mutually beneficial ecosystem‑based framework. Leveraging GCL’s integrated oil and gas operations in Ethiopia and Dangote Group’s extensive industrial footprint across Africa, the partnership will significantly enhance our service capabilities and market reach across the continent.”

The strategic collaboration marks a historic step in Africa-China industrial cooperation and is expected to catalyse long‑term economic transformation across East Africa.

Looking ahead, GCL will continue to focus on its core industrial strategy of integrated gas-power-computing development, leveraging Chinese technologies and solutions in synergy with Africa’s development needs, and working together to write a new chapter of mutually beneficial cooperation between China and Africa on this promising land. Both parties noted that the successful conclusion of this cooperation would not have been possible without the strong leadership of the Government of Ethiopia and the active support of the relevant authorities.

Over the past 20 years since its establishment in Ethiopia, GCL Group has progressed from oil and gas exploration and development to the construction of the country’s first natural gas liquefaction project, and from advancing the integrated “gas-power-computing” development model to supporting the country’s pursuit of greater energy self-reliance. Each step has involved sustained and substantive investment, deeply integrating the company’s activities into the trajectory of Ethiopia’s economic and social development and continuously earning the high level of trust of senior government leadership.

Industry analysts note that this project conveys multiple strategic values. Once operational, it will not only help Ethiopia achieve full self-sufficiency in its fertilizer industry but will also unlock the industrial potential of the Somali Region, create thousands of direct and indirect employment opportunities, and drive the high-quality development of regional infrastructure and supporting service industries. At the same time, the clean chemical production pathway based on natural gas as a feedstock aligns with the global trend toward low-carbon transition and provides a model for green development for energy-intensive industries across Africa. This cooperation also establishes a new paradigm for China-Africa collaboration.

By integrating upstream resource development, midstream pipeline transportation, and downstream industrial transformation, it forms a complete closed-loop “gas-fertilizer” industrial chain. In doing so, it deeply combines the technological strengths of Chinese enterprises with Africa’s indigenous resource endowments.

The project will serve as a landmark initiative under the Belt and Road Initiative, demonstrating the synergy between energy development and agricultural advancement, and helping Ethiopia and the broader African region move toward sustainable development characterized by energy independence, industrial revitalization, and food self-sufficiency.

Dangote Group, founded by Africa’s richest person, Aliko Dangote, operates across a wide range of sectors including cement, food processing, energy, and chemicals. Known as the Father of African Industry. Mr. Dangote’s decision to select GCL Group of China as a strategic partner fully demonstrates the strong recognition by Africa’s leading enterprises of GCL’s technological capabilities and localized operational expertise.

Tags: Aliko DangoteChairman of GCL GroupDangote Industries LimitedDILEIHEthiopian Investment HoldingsGCL GroupMr. Zhu GongshanPresident/Chief Executive of Dangote Industries LimitedStarlitenews
Previous Post

Onyeali-Ikpe, Dabiri Erewa, Rewane Advocate For Increase Diaspora Participation in Nigeria’s Economy

Next Post

Women Entrepreneurs Applaud Ecobank’s Enhanced Ellevate 2.0 Initiative for Boosting Women-Led Businesses

starliteadmin

starliteadmin

Related Posts

Zenith Bank

Zenith Bank Founder Jim Ovia Retires, Mustafa Bello Named Chairman

by starliteadmin
May 5, 2026
0

Zenith Bank Plc has announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his...

Dangote Group

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

by starliteadmin
May 3, 2026
0

Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony...

UBA

UBA Pushes Deeper Bank-Fintech Collaboration at pan African Conference

by starliteadmin
May 3, 2026
0

United Bank for Africa Plc (UBA) has reinforced its commitment to deepening collaboration between banks and fintechs across Africa, following...

GTCO

GTCO Shareholders Laud Highest Dividend Payout Of N12.76 Kobo For 2025FY

by starliteadmin
April 29, 2026
0

The shareholders of Guaranty Trust Holding Company Plc (GTCO), yesterday commended the management of the ppl financial institution for the...

Dangote

Dangote Cement Powers Global Sustainability Innovation at A4S 2026

by starliteadmin
April 29, 2026
0

In a compelling demonstration of how business can drive positive environmental change, leading cement manufacturer, Dangote Cement Plc (DCP) has...

Zenith Bank Plc

ZENITH BANK ADVANCES PAN-AFRICAN VISION WITH CÔTE D’IVOIRE LAUNCH

by starliteadmin
April 28, 2026
0

LAGOS, Nigeria - Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in...

Next Post
Ecobank

Women Entrepreneurs Applaud Ecobank’s Enhanced Ellevate 2.0 Initiative for Boosting Women-Led Businesses

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • Tinubu and Timothy

    Prince Chukwudi Timothy Appeals For Dialogue Instead Of Nationwide Protest

    0 shares
    Share 0 Tweet 0
  • Peter Obi says victory of Christ the King College at World Affairs Challenge heartwarming

    0 shares
    Share 0 Tweet 0
  • Family reveals Ifeanyi Ubah’s burial date

    0 shares
    Share 0 Tweet 0
  • “False Allegations Won’t Stop My Rising Image” – Chukwudi Samuel

    0 shares
    Share 0 Tweet 0
  • ACEACRES24: Akmodel MD Makes Presentations At The 2Days Event (Photos)

    0 shares
    Share 0 Tweet 0

Recent Posts

  • PWD Aspirant Quits Kaduna Rep Race
  • EFCC Arraigns Blessing CEO Over Alleged N36m Fraud
  • Fidelity Bank Chairman Amaka Onwughalu wins “Women on Bank Boards” at AWBFA 2026
  • Alexx Ekubo Died of Kidney Cancer Complications at Lagos Hospital
  • Happy Birthday to an Exceptional Woman of Grace, Purpose, and Impact – Amb. Chief Dr. Jackie Adunni Kassim
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

  • https://starlitenews.com.ng/2024/07/04/tier-1-banks-report-2024-access-holdings-leads-in-pbsi-ranking/
  • https://starlitenews.com.ng/2024/06/11/sterling-bank-implements-blockchain-solution-for-sppg/
  • https://starlitenews.com.ng/2024/12/31/favour-benson-executive-director-jashabel-touch-a-heart-foundation-sends-out-new-year-message/