Thursday, October 15, 2026

DMP begins export of oil from Golden Africa Djibouti

The multi-purpose port of Doraleh (DMP) received a tanker-type ship; the MT. SUGAR MONROVIA, chartered by Golden Africa Djibouti, the main oil refining and packaging plant in the region. This vessel is expected to receive 34,000 MT of palm oil that is destined to go to Mersin, Turkey.
Golden Africa Djibouti SARL is an oil processing and packaging plant. Its production capacity is 800 metric tons per day of finished products.
DMP is the main transit point for this oil from Malaysia.
Indeed Golden Africa Djibouti SARL, inaugurated in December 2018, has until then carried out imports which were redistributed in the region. DMP, operator of Golden Africa Djibouti SARL products, did not hesitate to put in place all the necessary logistics to support new export projects.
This is indisputable proof that DMP is strengthening its position as a high-level port, industrial and logistics platform. Benefiting from a strategic geographical position on the Bâb el Mandeb, this port makes it possible to consolidate the international connectivity of Djibouti, and consequently to strengthen the Djiboutian competitiveness on an international scale.

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...

UN allocates $8.5 million emergency fund for northern Ethiopia amid escalating conflict

The United Nations has allocated an additional $8.5 million...

UAE-backed Beginnings fund pledges $90 million to improve maternal care in Ethiopia

The Beginnings Fund, a philanthropic initiative backed by the...

MoF allocates 73.23 billion birr to one-year T-Bills

Ministry of Finance (MoF) plans to issue 73.23 billion...

Fx auction records higher demand after September undersubscription

Ethiopia’s foreign exchange auction recorded stronger demand in October,...

The Russian-Ethiopian Agro-Industrial Partnership: Investment, Technology, Food Security

Ethiopia is experiencing one of the most remarkable agricultural...

China Southern Launches New Guangzhou–Addis Ababa Route

China Southern Airlines has launched a new air route...

Airbus forecasts 150% rise in per capita Air travel in Ethiopia

Ethiopia’s per capita air travel is projected to increase...

Ethiopia imposes strict investor eligibility rules on Dangote Petroleum Securities Offer

The Ethiopian Capital Market Authority (ECMA) has imposed strict...
spot_img

Related Articles

Popular Categories

spot_imgspot_img