Aliko Dangote and Ethiopia are set to invest $660 million in a petroleum-products pipeline linking Ethiopia to Djibouti’s coast, according to reports. The plan includes pipeline and storage infrastructure to move refined fuel products between the landlocked country and a key regional export route.
Bloomberg and The Punch describe the same broad project, though they place emphasis slightly differently. Bloomberg frames the initiative as a partnership involving Dangote and Ethiopian Investment Holdings, focusing on the overall investment size and the pipeline’s purpose. The Punch similarly reports a $660 million refined petroleum products pipeline and highlights the roles of Dangote, Ethiopia, and Djibouti in developing the link.
Both accounts present the project as part of efforts to improve fuel supply and logistics across East Africa by connecting Ethiopia more directly to Djibouti’s port access.