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Ethiopia, Uganda, South Sudan sign historic Red Sea trade corridor deal

Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
  • Four nations sign DESSU Corridor MoU.
  • AfDB backs project with $214.5mn funding.

 

ADDIS ABABA, ETHIOPIAEthiopia, South Sudan, Uganda and Djibouti have signed a landmark agreement to operationalise the DESSU Corridor Management Authority, reshaping trade access to the Red Sea.

Transport ministers and senior officials from the four countries formalised the Memorandum of Understanding on Sunday, establishing the Djibouti–Ethiopia–South Sudan–Uganda (DESSU) Corridor as a strategic land bridge designed to ease trade flows across East Africa.

  • Four nations sign DESSU Corridor MoU.
  • AfDB backs project with $214.5mn funding.

 

ADDIS ABABA, ETHIOPIA - Ethiopia, South Sudan, Uganda and Djibouti have signed a landmark agreement to operationalise the DESSU Corridor Management Authority, reshaping trade access to the Red Sea.

Transport ministers and senior officials from the four countries formalised the Memorandum of . . .

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