Ethiopian Shipping & Logistics Enterprise wants to make the dry port of Modjo the main logistics hub of the country. The project valued at $150 million will be funded by the World Bank.
The dry port of Modjo, situated in the centre of the country 76 km from Addis Ababa, will be completely transformed into a logistics center over the next five years, says Ewnetu Taye, Deputy Managing Director of Ethiopian Shipping & Logistics Enterprise.
As part of the extension and modernization work, the platform will be extended to 300 hectares from the current 30 hectares. This initiative is expected to help strengthen trade with the port of Djibouti via the Ethiopia-Djibouti railway, built by China.
Opened 11 years ago, the dry port of Modjo has contributed hugely to Ethiopia's import-export trade. With a capacity of 16,000 containers, it hosts 78% of the country's transport and logistics services.
“By enhancing the performance of the Ethio-Djibouti corridor through improvements in the range and quality of logistics services at Modjo Dry Port, and reducing burdensome regulations in customs, trade finance and trade facilitation, the government will be able to reap the benefits of trade that help to drive growth and reduce poverty,” said Klaus Tilmes, Director of Competitiveness at the World Bank.
Romuald Ngueyap
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
Nigeria opened a formal investigation into Temu over alleged violations of its 2023 data protectio...
The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...
Africa secured $13.84 billion across 306 energy transition deals in 2025. Clean energy projects accounted for 98.3% of total investment...
Africa averages 65 grams of protein per person daily, versus 91 grams globally. WEF says doubling fish production could reduce the continent’s protein...
WFP warns its funds will run out within weeks without urgent support. 4.4 million people face acute hunger; only one in seven receives aid. $95...
DRC and World Bank approved an action plan to raise disbursement to at least 30% in 2026. Current rate stood at 22% in 2025, below 25% over the past...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...