Roadtransport

The Ministry of Finance and the World Bank have signed a $730 million support agreement for the African Regional Economic Corridor Project (Ethio-Djibouti Corridor Project). The project will strengthen Ethiopia's logistics and communication capacity in a manner linked to the strategic Addis Ababa-Djibouti corridor, which accounts for 90 percent of Ethiopia's maritime trade. According to the agreement, financial support will be provided for the construction of the Meoso-Deredawa road. The Ministry of Finance announced that the construction will increase the capacity and efficiency of transportation. Other infrastructures, including access to health, water and education services, will be supported for citizens…