Ethiopia-Djibouti Railway Sees 51 Pct Rise in Revenues Despite COVID-19

ethio-djibouti-railwayIn the first half of 2020, the Ethiopia-Djibouti Standard Gauge Railway has seen a 51 percent rise in revenues, despite the effects of the coronavirus pandemic, it was disclosed. The railway’s revenue had increased 45 percent in 2019 compared to that of 2018 and has seen a rise of 51.38 percent in the first half of 2020, compared to the same period of the previous year.

Dagmawit Moges, Ethiopia’s Minister of Transport Minister, said the Ethiopia-Djibouti railway “is a flagship of megaprojects of three brotherly countries: Ethiopia, Djibouti and China [who were instrumental in building the railway],” CGTN reported.

In August this year, Ethiopia has also launched a refrigerated train-route on the railway and has been fruits and vegetables afresh to Europe and the rest of the world.

The 756-km Ethiopia-Djibouti railway, which went operational in January 2018, is considered to be Africa's first fully electrified trans-boundary railway and has been giving both passenger and freight services.

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