The Ethiopia-Japan Trade and Investment Symposium commenced today in Addis Ababa, bringing together over 50 Japanese company representatives, government officials, and key stakeholders.
The African Development Bank (AfDB) has granted a loan of Euro 26.1 million to construct an underground power transmission line as part of the Ethiopia-Kenya electricity highway. The project aims to boost power supply to Kenya's Laikipia Airbase and surrounding areas.
The Moyale Border One-Stop Border Post (OSBP) at the Ethiopia-Kenya border has gone operational, with the joint involvement of border regulatory officials from both countries.
Akinwumi Adesina, president of the African Development Bank (AfDB), stated that the road connecting Ethiopia to Kenya has raised the trade between the two neighbors by 400 percent.
A high-level trade and investment forum between Ethiopia and Kenya was held in Addis Ababa. The forum, with the theme “Strengthening Economic and Trade partnership”,’ aimed at boosting the existing economic partnership between the two countries, it was learned.
