• Home
  • About Us
  • Contact
Thursday, October 15, 2026
News On Spot
  • Home
  • News
    Nigeria Police

    Nigeria Police Arrest Former Governor Over Various Allegations…

    Tinubu-NLC

    NLC Gives Tinubu 14-Day Ultimatum Over Petrol Prices, Minimum Wage…

    Aircraft Accident

    NAF931 Crash: Names of Crew, Passengers In Aircraft Accident Released…

    Tinubu

    NAF Aircraft Crash: Tinubu Declares Three Days National Mourning…

    NAF

    NAF Aircraft Crashes In Ondo, 32 Reportedly On Board As Search Operation Begins…

    Postcode

    FG Launches New National Digital Alphanumeric Postcode System…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    JaceBen

    JaceBen Embraces the Unknown on “I DoN’t KnoW EiTher”…

    Black Market

    Video/Photos: 51,000+ Gather For ‘Black Market’ Screening In Lagos As Nollywood Makes History…

    JaceBen

    JaceBen Sets the Mood With Latest Release “After Midnight”…

    Olu Jacobs

    ‘Uncle Olu Jacobs’ Dies At 84…

    JaceBen

    JaceBen’s ‘Ecstasy’ Hits 1,000 Streams in 24 Hours With Sovelle…

    Atinuke Kareem

    Yoruba Actress Atinuke Kareem Dies After Battle With Cancer…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Peller and Jarvis

    Photos: Peller and Jarvis Announce They Are Expecting A Child…

    Coca-Cola

    Why Some Coca-Cola Bottles Come With Yellow Caps…

    UK Flag

    UK Updates List Of Employers That Can Sponsor Foreign Workers…

    FCCPC

    FCCPC Orders Recall of Mislabelled Consumer Goods Nationwide…

    FCCPC

    Bakers Face Tougher Checks As FCCPC Moves To Enforce Safety Standards…

    Fish

    The Dangerous Trick Some Fish Sellers Are Using to Fool Buyers…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    WhatsApp

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    Nigeria Police

    Nigeria Police Arrest Former Governor Over Various Allegations…

    Tinubu-NLC

    NLC Gives Tinubu 14-Day Ultimatum Over Petrol Prices, Minimum Wage…

    Aircraft Accident

    NAF931 Crash: Names of Crew, Passengers In Aircraft Accident Released…

    Tinubu

    NAF Aircraft Crash: Tinubu Declares Three Days National Mourning…

    NAF

    NAF Aircraft Crashes In Ondo, 32 Reportedly On Board As Search Operation Begins…

    Postcode

    FG Launches New National Digital Alphanumeric Postcode System…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    JaceBen

    JaceBen Embraces the Unknown on “I DoN’t KnoW EiTher”…

    Black Market

    Video/Photos: 51,000+ Gather For ‘Black Market’ Screening In Lagos As Nollywood Makes History…

    JaceBen

    JaceBen Sets the Mood With Latest Release “After Midnight”…

    Olu Jacobs

    ‘Uncle Olu Jacobs’ Dies At 84…

    JaceBen

    JaceBen’s ‘Ecstasy’ Hits 1,000 Streams in 24 Hours With Sovelle…

    Atinuke Kareem

    Yoruba Actress Atinuke Kareem Dies After Battle With Cancer…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Peller and Jarvis

    Photos: Peller and Jarvis Announce They Are Expecting A Child…

    Coca-Cola

    Why Some Coca-Cola Bottles Come With Yellow Caps…

    UK Flag

    UK Updates List Of Employers That Can Sponsor Foreign Workers…

    FCCPC

    FCCPC Orders Recall of Mislabelled Consumer Goods Nationwide…

    FCCPC

    Bakers Face Tougher Checks As FCCPC Moves To Enforce Safety Standards…

    Fish

    The Dangerous Trick Some Fish Sellers Are Using to Fool Buyers…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    WhatsApp

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home Press Release

Ethiopia, Djibouti Presidents Commend Dangote’s $660 Million Pipeline Project as Game-Changer for Regional Trade and Energy Security…

newsonspotadmin by newsonspotadmin
September 25, 2026
in Press Release
Reading Time: 4 mins read
0
Dangote

The Prime Minister of Ethiopia, Dr. Abiy Ahmed, and the President of the Republic of Djibouti, H.E. Ismaïl Omar Guelleh, have hailed the Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a transformative investment that will strengthen regional integration, improve energy security, create jobs, and accelerate economic growth across the Horn of Africa.

The two leaders spoke at the groundbreaking ceremony of the landmark project held at the Damerjog Industrial Development Free Trade Zone in Djibouti, where they praised the vision and commitment of African industrialist and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, for championing one of the region’s most significant privately funded energy infrastructure investments.

The project comprises a modern 120-kilometre multiproduct pipeline linking marine and coastal storage facilities at Damarjog in Djibouti with inland storage and distribution facilities at Dewele in Ethiopia. Upon completion, it will facilitate the efficient transportation of refined petroleum products, enhance supply chain reliability, and support the growing energy needs of Ethiopia and the wider region.

President Guelleh described the project as a milestone in Djibouti’s ambition to become a leading logistics, industrial, and energy hub for Africa.

“Today marks an important chapter in Djibouti’s journey toward becoming a premier centre for logistics, energy, and industrial development. The Damarjog-Dewele Pipeline Project is not merely infrastructure; it is an investment in the future prosperity of our region,” President Guelleh said.

According to the Djiboutian leader, the project will stimulate economic activity, expand port operations, attract new investments, and create thousands of direct and indirect employment opportunities.

“This investment will generate significant value for Djibouti through increased trade volumes, stronger commercial activity, and enhanced investor confidence. It will create jobs, support local businesses, and further strengthen our position as a critical gateway connecting regional economies…We are proud to partner with the Dangote Group in delivering a project that demonstrates the strength of African-led investment and practical African solutions to African challenges,” he added.

Ethiopian Prime Minister Abiy Ahmed described the project as a strategic infrastructure development that will significantly strengthen Ethiopia’s energy security while supporting the country’s industrialisation agenda.

“Ethiopia’s continued economic expansion depends on reliable and efficient access to energy resources. This pipeline will provide a modern, dependable, and cost-effective system for transporting refined petroleum products into the country, thereby enhancing our energy security and reducing supply-chain vulnerabilities,” Prime Minister Abiy stated.

He noted that the project would eliminate transportation bottlenecks, improve efficiency within the petroleum distribution network, and ensure a more stable supply of fuel for key sectors of the Ethiopian economy.

“The impact of this investment extends beyond the energy sector. Reliable access to petroleum products will support aviation, transportation, agriculture, manufacturing, construction, and broader industrial development. It will improve product quality control, reduce losses associated with long-distance transportation, and enhance the competitiveness of our economy.”

The Ethiopian leader also emphasized that the project reflects the longstanding economic partnership between Ethiopia and Djibouti.

“The relationship between Ethiopia and Djibouti has always been anchored on shared prosperity and mutual development. This pipeline is another demonstration of our commitment to regional cooperation and the development of infrastructure that serves the interests of our people…It illustrates how African nations can work together to unlock opportunities, improve connectivity, and deliver sustainable development,” he said.

Speaking at the ceremony, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said the Damarjog-Dewele Pipeline Project aligns with the Group’s broader vision of building transformative infrastructure that supports Africa’s economic development and self-sufficiency.

“This project is designed to enhance energy security, improve supply-chain efficiency, and create sustainable economic value for both Djibouti and Ethiopia. It underscores our commitment to investing in infrastructure that enables African countries to maximize their economic potential,” Dangote said.

He explained that the project would boost economic activity in Djibouti while guaranteeing a more reliable supply of refined petroleum products to Ethiopia.

“Djibouti will benefit from increased port activity, higher revenues, and new employment opportunities. Ethiopia will gain stronger energy security and fewer logistics bottlenecks. It is truly a win-win outcome for both countries, while local businesses across the value chain will benefit from expanded economic activity.”

Dangote noted that the Djibouti corridor currently serves as the primary route for Ethiopia’s imports and exports, including petroleum products, making it one of the most strategic economic corridors in Africa.

He added that the pipeline would substantially improve the safety and efficiency of petroleum transportation by reducing dependence on long-distance tanker movements, easing congestion, lowering operational risks, and minimizing the potential for product losses and environmental incidents.

Beyond its direct economic impact, the project is expected to create thousands of jobs during construction and operation while facilitating skills transfer and supporting local contractors, suppliers, transport operators, and host communities.

The Damarjog-Dewele Pipeline Project forms part of Dangote Group’s broader Vision 2030 strategy, under which the Group plans to invest $50 billion across Africa in critical industrial and energy infrastructure aimed at boosting regional trade, industrialisation, and economic self-sufficiency.

Dangote reiterated the Group’s commitment to reducing Africa’s dependence on imports and encouraging local production.

“Our vision is to support African countries in becoming self-sufficient in products for which they possess the raw materials, market demand, and strategic necessity. This is Africa building the infrastructure it needs to accelerate development and deepen intra-African trade,” he said.

The project further strengthens Dangote Group’s position as a leading investor in Africa’s energy and industrial sectors, building on the success of the Dangote Petroleum Refinery and other strategic investments across the continent.

L-R, President/CE, Dangote Industries Limited, Aliko Dangote; President of the Republic of Djibouti, Ismail Omar Guelleh; Ethiopia Prime Minister Abiy Ahmed, at the Dangote Oil & Gas Trading Damerjog, Djibouti, Groundbreaking Ceremony of Damerjog Oil Terminal and Pipeline Damerjog – Dewele Project in Federal Republic of Djibouti on Thursday September 24, 2026.
L-R, President/CE, Dangote Industries Limited, Aliko Dangote; Ethiopia Prime Minister Abiy Ahmed; President of the Republic of Djibouti, Ismail Omar Guelleh; at the Dangote Oil & Gas Trading Damerjog, Djibouti, Groundbreaking Ceremony of Damerjog Oil Terminal and Pipeline Damerjog – Dewele Project in Federal Republic of Djibouti on Thursday September 24, 2026.
L-R, Ethiopia Prime Minister Abiy Ahmed; President/CE, Dangote Industries Limited, Aliko Dangote; President of the Republic of Djibouti, Ismail Omar Guelleh; at the Dangote Oil & Gas Trading Damerjog, Djibouti, Groundbreaking Ceremony of Damerjog Oil Terminal and Pipeline Damerjog – Dewele Project in Federal Republic of Djibouti on Thursday September 24, 2026.
R-L, Ethiopia Prime Minister Abiy Ahmed; President/CE, Dangote Industries Limited, Aliko Dangote; President of the Republic of Djibouti, Ismail Omar Guelleh; at the Dangote Oil & Gas Trading Damerjog, Djibouti, Groundbreaking Ceremony of Damerjog Oil Terminal and Pipeline Damerjog – Dewele Project in Federal Republic of Djibouti on Thursday September 24, 2026.

 

L-R, President/CE, Dangote Industries Limited, Aliko Dangote; Ethiopia Prime Minister Abiy Ahmed; President of the Republic of Djibouti, Ismail Omar Guelleh; at the Dangote Oil & Gas Trading Damerjog, Djibouti, Groundbreaking Ceremony of Damerjog Oil Terminal and Pipeline Damerjog – Dewele Project in Federal Republic of Djibouti on Thursday September 24, 2026.
Tags: African industrialist and President/Chief Executive of Dangote Industries LimitedAliko DangoteDamarjog-Dewele Oil Terminal and Pipeline ProjectDamerjog Industrial Development Free Trade Zone in DjiboutiDangote GroupDangote Group Vision 2030 StrategyDr. Abiy AhmedH.E. Ismaïl Omar GuellehNewsonspotPresident of the Republic of DjiboutiPrime Minister of Ethiopia
ShareTweetShare
Previous Post

JAMB Lifts Ban On Candidates Swapping Registered Phone Numbers, Email Addresses…

Next Post

Benin-Asaba Expressway: SAN Cautions Against Unilateral Revocation of 25-Year Concession…

newsonspotadmin

newsonspotadmin

Related Posts

Dangote
Press Release

Dangote Refinery IPO: Small Investors Take Centre Stage as Public Offering Nears Close…

October 15, 2026
PAUAA
Press Release

PAU Alumni Conference to Bring 400+ Leaders Together to Connect Ideas and Opportunities…

October 14, 2026
Dangote Petroleum Refinery
Press Release

Q3: Dangote Refinery Posts $22.5bn Revenue, records $4.7bn Profit as Cash reserves hit $6.7bn…

October 14, 2026
Zenith Bank
Press Release

Zenith Bank Launches Maiden Girl-Child Empowerment Programme, Reaches 300 Schoolgirls…

October 14, 2026
Fidelity Bank
Press Release

Fidelity Bank, Foremost Radiology Champion Early Breast Cancer Detection…

October 14, 2026
Truecaller
Press Release

Africa Blockchain Festival Announces Truecaller as Official Travel eSIM Partner for 2026 Edition…

October 13, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024
FAAN

FAAN Faces Backlash Over Uber, Bolt Restrictions at Nigerian Airports…

2
ASUU

ASUU-ESUT Suspends Strike After Enugu Government Signs Key Agreement…

2
MultiChoice

Kemi Omotosho Takes Over From Ugbeh As MultiChoice Nigeria New CEO Amid Subscriber, Revenue Pressures…

1
Enugu Airport

Photos: FG Hands Over Enugu International Airport to Aero Alliance as Cargo Flights to China Set to Begin…

1
Eti-Osa-Lekki-Epe Expressway

Lekki-Epe Expressway to Undergo 35-day Disruption as Repairs Begins Today…

October 15, 2026
Dangote

Dangote Refinery IPO: Small Investors Take Centre Stage as Public Offering Nears Close…

October 15, 2026
Arsenal

Arsenal Produce Second-half Blitz to Sink Lille and Continue Perfect Champions League Start…

October 14, 2026
PAUAA

PAU Alumni Conference to Bring 400+ Leaders Together to Connect Ideas and Opportunities…

October 14, 2026

Recent News

Eti-Osa-Lekki-Epe Expressway

Lekki-Epe Expressway to Undergo 35-day Disruption as Repairs Begins Today…

October 15, 2026
Dangote

Dangote Refinery IPO: Small Investors Take Centre Stage as Public Offering Nears Close…

October 15, 2026
Arsenal

Arsenal Produce Second-half Blitz to Sink Lille and Continue Perfect Champions League Start…

October 14, 2026
PAUAA

PAU Alumni Conference to Bring 400+ Leaders Together to Connect Ideas and Opportunities…

October 14, 2026
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/06/13/photos-akmodel-group-md-dr-bldr-abdulhakeem-odegade-reuben-abati-dele-momodu-others-receives-award-at-south-west-investment-summit/
  • https://newsonspot.com.ng/2024/05/26/on-africa-day-access-holdings-celebrates-africas-greatness-innovations-and-achievements/
  • https://newsonspot.com.ng/2024/06/26/fidelity-bank-reaffirms-support-for-digital-innovation-in-africa/
  • https://newsonspot.com.ng/2024/10/15/why-nigerian-banks-are-migrating-to-new-core-banking-systems/
  • https://newsonspot.com.ng/2024/07/22/photos-peter-obi-hilda-baci-others-show-solidarity-as-nigerian-doctor-sets-new-world-record-with-largest-individual-painting/