logo
logo
Sign in

AfDB extends $98 mn financial assistance for Ethiopia to Djibouti road project

avatar
Logistics Update Africa
AfDB extends $98 mn financial assistance for Ethiopia to Djibouti road project
 

The African Development Bank (AfDB) has stated that it has sanctioned a $98 million financial package for Ethiopia for a road transport corridor project to neighbouring Djibouti.

 

 

The project's total cost is $255 million, comprising an AfDB grant of $98 million to Ethiopia's government, $5.3 million to Djibouti's government, plus a co-financing contribution of $151 million by Ethiopia's government.

 

Read More...

collect
0
avatar
Logistics Update Africa
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more