Djibouti Made 45 Percent Discount on Its Ports
Djibouti’s Government disclosed it has made a 45 percent price reduction on all port service fees for customers using the newly constructed Doraleh Multipurpose Port.
Djibouti Signs 15 Million Euro Agreement with EU on Power Project
Djibouti signed a 15 million euro ($21.7 million) financing deal with the European Union for the development of an electricity interconnection project with neighbouring Ethiopia.
Djibouti-Based Investors to Open Modern Abattoir in Ethiopia
African investors based in Djibouti have expressed intention to open a state-of-the-art abattoir in Ethiopia. The group of investors made the announcement during a three-day investment tour to Ethiopia, which aimed at assessing and adding value to the enormous and untapped massive livestock resource Ethiopia has.
Djiboutian Bank Opened Representative Office in Ethiopia
Djiboutian bank, Red Sea Trade & Industry Bank (BCIMR), opened a representative office here in Ethiopia. The inaugural ceremony which was held in Sheraton Addis was attended by the Bank’s director general Jean Pierre Gianotti.
Documents Authentication and Registration Service Processes 443,147 Cases, Collects Birr 1.25 Billion
The Documents Authentication and Registration Service (DARS) announced that it processed 443,147 cases and served 719,073 users from July to December 23, 2024, generating Birr 1.25 billion in revenue.
