Ethiopia’s Prime Minister Dr. Abiy Ahmed, And The President Of The Republic Of Djibouti, Ismaïl Omar have hailed the proposed Dangote Group’s $660 million Damarjog-Dewele Oil Terminal And Pipeline Project.
They described it as a transformative investment that will strengthen regional integration, improve energy security, create jobs, and accelerate economic growth across the horn of africa.
The Djiboutian leader said the project will stimulate economic activity, expand port operations, attract new investments, and create thousands of direct and indirect employment opportunities.
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.
