Ethiopia: IDA Grants USD 730 Million to Upgrade Addis-Djibouti Corridor

The International Development Association (IDA) has awarded a USD 730 million grant to the Horn of Africa Initiative's Regional Economic Corridor Project to enhance the Addis-Djibouti corridor, a vital trade route from Ethiopia to the port of Djibouti.


Ethiopian Airlines and Customs Commission have signed an agreement to improve their services for the increasing number of passengers and goods. It is expected that the agreement will enhance customer service for Ethiopian Airlines and enable the Customs Commission to provide faster and more reliable services. The agreement is also important for controlling prohibited and restricted goods and ensuring transit goods are handled appropriately.
