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Ethiopia secures $184mn AfDB grant to plug key gap on Djibouti trade corridor

Highway Photo @ Pixabay
Highway Photo @ Pixabay
  • AfDB backs critical stretch of Ethiopia–Djibouti expressway
  • Project targets logistics bottlenecks for exporters and investors

 

ADDIS ABABA, ETHIOPIA – Ethiopia has secured a $184 million African Development Bank grant to advance a key expressway on the Djibouti trade corridor that carries more than 90% of its maritime commerce.

The funding will support the second phase of the Adama–Awash expressway, including construction of a 67-kilometre stretch between Melka Jilo and Awash, one of the remaining gaps on the Addis Ababa–Djibouti route.

  • AfDB backs critical stretch of Ethiopia–Djibouti expressway
  • Project targets logistics bottlenecks for exporters and investors

 

ADDIS ABABA, ETHIOPIA - Ethiopia has secured a $184 million African Development Bank grant to advance a key expressway on the Djibouti trade corridor that carries more than 90% of its maritime commerce.

The funding will support . . .

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