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The Ethiopia-Djibouti Railway (EDR) said it has secured $86.13 million in revenues in the year 2021, showing an increase of 37.5 percent compared to the previous year.

In 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.

The Ethio-Djibouti Railway Corporation (EDR) has announced it is planning to double its freight and passenger service trips to match up the fast-growing demand on its Ethiopia-Djibouti route. 

The first edition of Ethiopia-Djibouti-France business networking meeting was held in Djibouti yesterday. The business networking meeting had a goal of discussing investment opportunities, technology transfer and know-how among the three countries.

A two-day Ethiopia-Dubai Diaspora Business Forum opened in Addis Ababa, at the Sheraton Addis, yesterday. The business forum brings together business communities from Ethiopia and the UAE with the intention of business networking and promoting business opportunities between the two nations.