Dangote Industries will invest in a $2-billion 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 tons of phosphate in nearby Togo for processing as much as one-million tons of fertilizer a year at a new complex in Lagos, according to a joint statement by the company and the Togolese presidency.
