insert_link Africa Somaliland-Ethiopia port deal: international opposition flags complex Red Sea politics By Jutta Bakonyi, Durham University The memorandum of understanding between Ethiopia and Somaliland announced on 1 January 2024 set off diplomatic rows in the Horn of Africa – and beyond. Details of the agreement are not publicly known, but both state leaders have touched on its content. Among the main elements: Ethiopia gets a 50-year lease on a strip of land on Somaliland’s Red Sea coast for naval […] todayFebruary 8, 2024 16
insert_link Namibia African Development Bank approves $196 million loan to modernize railway Namibian infrastructure The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government will provide the remaining 48.2 percent. The project aligns with Namibia’s long-term Vision 2030 to the country’s Namibia’s logistics value […] todayNovember 1, 2023 5
