Railway

Ethiopia-Djibouti railway generates $47.4M income

Ethiopia-Djibouti railway generates $47.4M income

The Ethiopia-Djibouti Railway Share Company (EDR) has disclosed an income of 2.5 billion Ethiopian birrs (about 47.4 million U.S. dollars) for the last five months. Abdi Zenebe, the chief executive officer (CEO) of the EDR, said the railway was able to transport more than 500,000 metric tons of cargo in the past five months, eventually generating 2.5 billion Ethiopian birrs in income, Ethiopian News Agency (ENA) reported Monday. The income was said to have about 600 million Ethiopian birr increase as compared to the same period of the previous Ethiopian fiscal year. According to figures from the EDR, the railway's…
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Ethiopia and Sudan in talks to build a joint railway

Ethiopia and Sudan in talks to build a joint railway

Ethiopia and Sudan in talks to built a joint railway The Ministry of Foreign Affairs announced that the experts and representatives of consulting companies of the two countries have started a consultation in Khartoum. The two countries' representatives met to evaluate the feasibility study that has been going on to connect Ethiopia and Sudan by railway. The purpose of the two-day expert consultation is to evaluate and approve the feasibility study of the construction of the joint railway, which has reached its final stage, and decides on the next steps, the ministry said. In his speech at the opening of…
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