Morocco signed an agreement on Saturday to invest over two billiondollars in Ethiopia over a five year period to build a fertilizer factory.
The $2.4 billion to be invested between 2017 and 2022 in the 100 acre factory near the eastern city of Dire Daoua is expected to make Ethiopia self-sufficient by 2025.
The deal was signed during the official visit of Moroccan,King Mohammed VI to Ethiopia to strengthen its political and South/South partnership.
Read more: Morocco signs over $2 billion investment deal in Ethiopia | Africanews
The $2.4 billion to be invested between 2017 and 2022 in the 100 acre factory near the eastern city of Dire Daoua is expected to make Ethiopia self-sufficient by 2025.
The deal was signed during the official visit of Moroccan,King Mohammed VI to Ethiopia to strengthen its political and South/South partnership.
Read more: Morocco signs over $2 billion investment deal in Ethiopia | Africanews
