Friday, January 30, 2026

Djibouti, Ethiopia ink corridor management alliance

Djibouti and Ethiopia sign an accord for the establishment of a Corridor Management Authority.
A delegation led by Dagmawit Moges, Minister of Transport and Logistics (MoTL) has paid a two day visit to the major port outlet, Djibouti, starting from November 17.
During the visit, the delegation conducted a meeting with Djibouti’s counter parts led by Hassan Houmed Ibrahim, Minister of Infrastructure and Equipment.
On the two-day meeting, Ethiopian ambassador to Djibouti and Djibouti ambassador to Ethiopia were in attendance along with Aboubaker Omar Hadi, Chairperson of Djibouti Ports and Free Zones Authority, and Djama Ibrahim Darar, Head of Port of Djibouti/DMP and other senior teams from two countries.
The information obtained from Djibouti indicated that the meeting mainly focused on a number of issues pertaining to ports, corridor and logistics and reflected the strengthening of the gains made and the means of launching new initiatives.
DPFZA authority stated that the meeting touched on the enhanced performance to better handle this year’s dry bulk campaign expected to reach over 6.6 million tons.
La Nation reported that the meeting not only responds to the desire of the two countries to discuss but also to reflect together on ways and means of strengthening cooperation in the field of transport.
Hassan Houmed on his remark specified that economic and commercial cooperation between Djibouti and Ethiopia maintained a good momentum, with an ever-expanding scope.
“It is no secret that Djibouti and Ethiopia has been, for almost two decades, a model of economic and commercial integration in Africa and we are proud of it. But, we have to be realistic and recognize that the challenges are still great, in line with our ambitions,” he added.
The bilateral meeting was concluded on Thursday, with the adoption of a roadmap for the establishment of a Corridor Management Authority, signed by the two Ministers of Transport.
The port handling in Djibouti has significantly increased in the past few years, while the consignment transporting to Ethiopia is growing with less stay in Djibouti.
The details of the agreement and the exact operation of the upcoming authority are yet to be revealed.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia’s Eurobond debt deal rejected by official creditors committee

Ethiopia will not implement the $1 billion Eurobond debt...

Is 1Win the best bookmaker in Uganda?

1win review 1Win continues to be one of the most...

How To Use Cloud Storage Safely And Effectively

Cloud storage is now the default for many teams....

በኢትዮጵያ የሚገኘውን የኩርሙክ ወርቅ ማዕድን የሚያለማው አላይድ ጎልድ በ5.5 ቢሊዮን የካናዳ ዶላር ሊሸጥ ነው

በኢትዮጵያ ቤኒሻንጉል ጉሙዝ ክልል የሚገኘውን ግዙፉን የኩርሙክ የወርቅ ማዕድን...

Zijin Gold to Acquire Allied Gold in C$5.5 Billion Cash Deal

In a move that highlights the intensifying wave of...

EXPRESSION OF INTEREST (EoI)

External Auditor for 2025 Organizational Audit Women Development and Reliance...

REQUEST FOR PROPOSALS FOR

Rebidding of Lot-5 and 6 of Rehabilitation and upgrading...
spot_img

Related Articles

Popular Categories

spot_imgspot_img