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Africa's richest man, Ethiopia and Djibouti to build $660m fuel pipeline

Africa's richest man, Ethiopia and Djibouti to build $660m fuel pipeline

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Africa's richest man, Ethiopia and Djibouti to build $660m fuel pipelineImage source, Bloomberg via Getty ImagesImage caption, Aliko Dangote made his fortune from cement in NigeriaByOndiro OgangaPublished47 minutes agoNigerian billionaire Aliko Dangote, Ethiopia and Djibouti…

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BBC News — Business publishes from United Kingdom and files mainly under business. We currently carry 330 of its stories.

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BBC News — Business · https://www.facebook.com/bbcnews
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Original publisherBBC News — Business
Canonical URLhttps://www.bbc.co.uk/news/articles/c6z9z7lv41wgo?at_medium=RSS&at_campaign=rss
Publication timeFri, 25 Sep 2026 06:48:07 GMT
Retrieval time2026-09-25T07:35:32.684Z
Last seen2026-09-25T07:35:32.684Z
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Opening excerpt (first ~120 words) tap to expand

Africa's richest man, Ethiopia and Djibouti to build $660m fuel pipelineImage source, Bloomberg via Getty ImagesImage caption, Aliko Dangote made his fortune from cement in NigeriaByOndiro OgangaPublished47 minutes agoNigerian billionaire Aliko Dangote, Ethiopia and Djibouti have agreed to develop a $660m (£500m) petroleum pipeline and storage project linking the two countries.The project will include a 120km- (75 mile-) pipeline connecting Djibouti's Damerjog port to a distribution facility in Dewele, Ethiopia, as well as storage capacity of about 400 million litres.It is expected to begin operations within 18 months.Ethiopian Prime Minister Abiy Ahmed said the pipeline would reduce the time needed to transport fuel from Djibouti's port to the Ethiopian capital, Addis Ababa, from five…

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