Saturday, April 20, 2024

Tag: Transportation

Chinese government to restructure Ethiopia’s debt

Prime Minister Abiy Ahmed (PhD) on Thursday disclosed that the Chinese government has agreed to restructure some of Ethiopia’s debt, including a USD four billion loan for a railway that stretches from Addis Ababa to Djibouti.

LRT awaits response from city admin for 1.5 bln birr subsidy

The Addis Ababa Light Railway Transit (AA-LRT) announced that it is awaiting the Addis Ababa City Administration’s response for its requests for budget subsidy amounting to 1.5 billion birr to cover its expense for spare-parts and administration costs.