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Aliko Dangote, Ethiopia and Djibouti to build $600m fuel pipeline

The pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti's port.

Tarun Mottlia

Via BBC News

·Excerpt
Aliko Dangote, Ethiopia and Djibouti to build $600m fuel pipeline
Image: Image caption, Aliko Dangote made his fortune from cement in Nigeria

Nigerian 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…

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