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Dangote Industries Limited has finalized a $4.2 billion, 25-year natural gas supply agreement with China's GCL Group for a fertilizer complex in Ethiopia. The 3-million-tonne-per-year urea production facility, valued at $2.5 billion, is a joint venture with Ethiopian Investment Holdings, holding 60% and 40% stakes respectively.

Construction is expected to conclude by 2029, enabling the complex to meet Ethiopia's urea needs and serve regional markets. The partnership aims to enhance agricultural productivity and reduce dependence on imports.