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Africa: Ethiopia, Djibouti Hail Dangote's $660 Million Pipeline As Energy Security Boost
The 120-kilometer line will connect storage facilities and cut transport bottlenecks as Ethiopia seeks more reliable fuel imports.
- Ethiopian Prime Minister Abiy Ahmed and Djibouti President Ismaël Omar Guelleh broke ground on the $660 million Damerjog-Dewele Oil Terminal and Pipeline Project, a 120-kilometre infrastructure connecting landlocked Ethiopia to Djibouti's coast.
- Aliko Dangote, President and Chief Executive of Dangote Industries Limited, designed the project as part of the Dangote Group's Vision 2030 strategy to expand African energy infrastructure and reduce reliance on road transport logistics.
- The project includes two major storage facilities with capacity for about 800,000 cubic metres at Dewele and 375,000 cubic metres at Damerjog. According to Billene Seyoum, spokesperson for Prime Minister Abiy, the pipeline is expected to become operational within 18 months.
- President Guelleh stated the terminal will "stimulate economic activity" and expand port operations, creating thousands of jobs while strengthening Djibouti's position as a critical logistics gateway for Ethiopia's trade.
- Dangote is expanding energy ambitions across Africa, developing a 700,000-barrel-per-day refinery in Kenya and a proposed 2,650-kilometre pipeline network in southern Africa to support nations in achieving self-sufficiency in refined products.
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35 Articles
A 120 km drive will connect Damerjog, Djibouti, Dewele, Ethiopia. Objective: to reduce the costs and fuel supply times of Africa's second most populous country.
Africa: Ethiopia, Djibouti Hail Dangote's $660 Million Pipeline As Energy Security Boost
Ethiopia and Djibouti have described Dangote Group's $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a strategic investment expected to strengthen energy security, improve regional trade and deepen economic integration in the Horn of Africa.
·Washington, United States
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Ethiopia, Djibouti hail Dangote’s $660 million pipeline as energy security boost
Ethiopia and Djibouti have described Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a strategic investment expected to strengthen energy security, improve regional trade and deepen economic integration in the Horn of Africa.
·Abuja, Nigeria
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Coverage Details
Total News Sources35
Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 37%
Factuality
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