Dangote seals $4.2bn gas deal with China’s GCL for Ethiopia fertilizer plant

Dangote Industries Limited 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 was signed in Lagos. It reinforces one of the most significant China–Africa industrial partnerships to date. Under the long-term arrangement, GCL Group […]