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Eastern Africa

Addis-Djibouti Corridor Project Gets US$730 Million Grant

A 142km section will be upgraded to a four-lane expressway.

July 25, 2023

By Liz Bains
The World Bank’s International Development Association (IDA) has approved a US$730 million grant for the Addis-Djibouti Regional Economic Corridor Project. The Addis-Djibouti corridor is a key trade route connecting landlocked Ethiopia to the Port of Djibouti. More than 95% of Ethiopia’s import-export trade passes along the route.  The Addis-Djibouti corridor has two

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