“This Bloomberg report is inaccurate. There is NO contract between Eritrea and DP World to “upgrade, maintain Eritrean ports.” Eritrea is currently in discussions with a few potential partners.” – Gov’t official BY TESFANEWS Bloomberg business news today reported that the Eritrean government contracted DP World to upgrade and maintain the ports of Assab and […]
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Purpose: To rehabilitate road connections between the Ethiopian border and Eritrean ports in order to boost trade and create jobs. BY RELIEF WEB Commissioner for International Cooperation and Development Neven Mimica is visiting Eritrea today, where he launches an initial €20 million project to rebuild the road connection between the Ethiopian border and Eritrean ports.
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BY KALUME KAZUNGU | DAILY NATION The Eritrea and Ethiopia peace agreement signed in July will not have any negative impact on the implementation and operationalization of the Lamu Port South Sudan Ethiopia Transport (Lapsset) corridor project.
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BY KALEYESUS BEKELE | THE REPORTER Following the landmark peace declaration between Ethiopia and Eritrea the Ethiopian Petroleum Supply Enterprise (EPSE) is looking at the Port of Assab for fuel import. Reliable sources told The Reporter that EPSE is planning to import some amount of the country’s fuel import through the Port of Assab as […]
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“The implementation of the Joint Peace and Friendship Declaration between Eritrea and Ethiopia New Year gift for both countries” BY SHABAIT The Prime Minister of the Federal Republic of Ethiopia, Dr. Abiy Ahmed said that the implementation of the Joint Declaration of Peace and Friendship signed by Eritrea and Ethiopia is New Year gift for […]
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BY THOMAS C MOUNTAIN Djibouti has been landlocked Ethiopia’s only access to the sea and depends of port taxes paid by Ethiopia for most of its income and with the Eritrean ports of Massawa and Assab on the Red Sea about to open finds itself faced with losing most of the Ethiopian trade it has […]
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BY NATNAEL YEBIO W. Peace is poised to deliver significant economic gains for both Eritrea and Ethiopia. While it embodies the spirit of both countries, peace also signals progress in the region. In terms of economy, it promises great investment and trade opportunities, as well as the possibility to boost physical infrastructure. It is time […]
Continue ReadingBy Berhane Andeberhan (PhD), Surely, Ambassador Herman Cohen would like to see a quick end to the famine in Ethiopia. Surely he would love to see the peoples of Eritrea and Ethiopia live in harmony as good neighbours peacefully interacting with each other and even helping each other and sharing their natural resources. Eritrea and […]
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