Prime Minister of Ethiopia, Dr Abiy Ahmed, and President of Djibouti, Ismaïl Omar Guelleh, have praised Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project, describing it as a major infrastructure investment with the potential to reshape energy supply and regional trade across the Horn of Africa.

The project, which was officially launched at the Damerjog Industrial Development Free Trade Zone in Djibouti, involves the construction of a 120-kilometre multiproduct pipeline connecting marine and coastal storage facilities in Damarjog with inland storage and distribution facilities in Dewele, Ethiopia. Once completed, the pipeline is expected to make the transportation of refined petroleum products faster, safer and more reliable.

President Guelleh said the investment supports Djibouti’s ambition to establish itself as a major logistics, industrial and energy hub in Africa. He said the project would stimulate economic activity, expand port operations, attract further investment and create thousands of direct and indirect employment opportunities.

For Ethiopia, Prime Minister Abiy said the pipeline would strengthen the country’s energy security by providing a more dependable and cost-effective route for transporting refined petroleum products. He added that improved infrastructure would help reduce transportation bottlenecks, strengthen fuel distribution and support the country’s expanding industrial economy.

Dangote Industries Limited President and Chief Executive, Aliko Dangote, said the project reflects the Group’s wider commitment to investing in infrastructure capable of supporting Africa’s economic development and self-sufficiency. He noted that the Djibouti corridor is a major route for Ethiopia’s imports and exports, including petroleum products, while the new pipeline is expected to reduce reliance on long-distance tanker movements, improve supply-chain efficiency and create jobs for local communities. The project is also part of Dangote Group’s broader Vision 2030, which targets $50 billion in investments across Africa’s industrial and energy infrastructure.

source: Leadership