Updated
Updated · Bloomberg · May 22
Djibouti Approves Dangote-Ethiopia Oil and Gas Pipelines to Port
Updated
Updated · Bloomberg · May 22

Djibouti Approves Dangote-Ethiopia Oil and Gas Pipelines to Port

3 articles · Updated · Bloomberg · May 22
  • President Ismail Omar Guelleh approved plans for Dangote Group and Ethiopian Investment Holdings to build oil and gas pipelines through Djibouti to its port.
  • The approval followed a proposal submitted by Dangote and EIH and was announced after Ethiopian officials, including EIH Chief Executive Officer Brook Taye, visited Djibouti.
  • The project would deepen Djibouti’s role as a logistics and energy outlet for landlocked Ethiopia while extending Dangote’s footprint in the Horn of Africa.
  • Dangote is already expanding elsewhere in Ethiopia, where Bloomberg previously reported it had raised its fertilizer investment plan to $4 billion.
With a new energy corridor rising, can Turkish firms challenge established powers for influence in the Horn of Africa?
Is Ethiopia's new pipeline a path to prosperity or a high-stakes gamble on volatile energy markets and regional stability?