A study conducted on the Addis Ababa-Djibouti Railway line has found out the broader economic significance of the line prevails in freight and bulk shipments rather than passenger transportation, The Reporter has learnt.
The House of People’s Representatives (HPR) has approved an agreement that was signed between the Government of Ethiopia and Djibouti, to install a cross-border pipeline in order to transport natural gas.
A Chinese contractor, CGC Overseas Construction (CGC-OC) Group Ltd, has blamed electric power shortages for impeding the operations of the USD 339 million worth trans-boundary water project to pump potable water to neighboring Djibouti.
Despite the country facing shortages in wheat supply, 2300 metric tons of wheat import stored at the Port of Djibouti for more than five months, has been exposed to contamination, The Reporter has learnt. The import is thought to be worth around USD one million.
24,250 metric tons of wheat imported from abroad and stored in the Port of Djibouti for weeks, has suppliers fearing it might be exposed to contamination if it is going to stay there any longer, The Reporter has learnt.
Ethiopian companies from the manufacturing sector have participated in a multi-event International Trade Fairunderway in Djibouti City; however,as a matter of coincidence almost all companies from Ethiopia at the Fair were seen represented by female business leaders.
In an effort to ease congestion of cargos that often curtail the normal movement of goods from the Port of Djibouti; the United Nations World Food Program (WFP) has signed a memorandum of agreement with Ethiopia to manage the land corridor and port operations.