- Aliko Dangote and Ethiopian Investment Holdings will invest $660 million to build a petroleum-products pipeline linking the Horn of Africa nation to Djibouti’s coast.
- The pipeline creates a dedicated petroleum-products transport route from Djibouti’s coast into the Horn of Africa.
- Aliko Dangote, Africa’s richest person, is investing alongside Ethiopian Investment Holdings.
Quotes
“Aliko Dangote, Africa’s richest person, and Ethiopian Investment Holdings will invest $660 million to build a petroleum-products pipeline to link the Horn of Africa nation to Djibouti’s coast.”