Ethiopia and Djibouti reached an agreement on the completion of a road that links the two countries

Ethiopia and Djibouti reached an agreement (23 March 2023) on the completion of a road that links the two countries. The 35 kilometer road between Galamo and Moloud will enable the smooth circulation of vehicles and cargo, enhancing transportation between the two countries. The agreement ensures that the Galamo-Moloud road will be completed within a year, with appropriate payments being provided to the Ethiopian Construction Works Corporation (ECWC). The agreement was reached during the visit of H.E. Dr. Alemu Simie, Minister of Transport and Logistics to Djibouti. During the visit,…

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DP World wins latest judgement in Hong Kong Court over Djibouti concession

DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and concessionaire in Djibouti’s Doraleh Container Terminal. The Court of Appeal of Hong Kong has dismissed the latest request by China Merchants Port Holdings seeking permission to file a second appeal before the Court of Final Appeal, against its previous decision that DP World’s suit against the company should be heard before Hong Kong Courts, and not the courts of Djibouti. read more

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