Nigerian billionaire Aliko Dangote has declared that Africa will become fully self-sufficient in fertiliser production within the next 40 months, due to the aggressive expansion plans of his $2.5 billion fertiliser plant near Lagos.
Speaking at the annual Afreximbank meeting in Abuja on Friday June 27, 2025, Dangote expressed confidence in his company's ability to transform the continent's agricultural landscape and significantly reduce reliance on imported fertilisers. "In the next 40 months, Africa will not import fertiliser from anywhere.
We have a very aggressive trajectory right now.
We want Dangote to be the highest producer of urea, bigger and higher than Qatar, give me 40 months," he is quoted to have said by Reuters.
