Accra — Dangote Industries will invest in a $2bn (R29.5bn) phosphate project in Togo, positioning itself to become a main supplier of fertiliser in West Africa.

The company controlled by Nigerian billionaire Aliko Dangote will mine an estimated two-billion tonnes of phosphate in nearby Togo for processing as much as one-million tonnes of fertiliser a year at a new complex in Lagos, according to a joint statement by the company and the Togolese presidency...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now