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

Nigerian billionaire Aliko Dangote, Ethiopia and Djibouti have agreed to develop a $600m (£447m) petroleum pipeline and storage project connecting the two countries. The plan includes a 120km (75-mile) pipeline from Djibouti’s Damerjog port to a distribution facility in Dewele, Ethiopia, plus storage capacity of about 400 million litres. Operations are expected to start within 18 months. Ethiopian Prime Minister Abiy Ahmed said the pipeline would cut the fuel transport time from Djibouti’s port to Addis Ababa from five days to one. The first phase would move jet fuel, diesel and petrol.