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AbyssiniaLady
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The day Ethiopia lost part of its sovereignty and dignity

Post by AbyssiniaLady » 06 May 2021, 22:32

April 27, 1993

That day Ethiopia lost everything.

AbyssiniaLady
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Joined: 04 Feb 2007, 05:44

Re: The day Ethiopia lost part of its sovereignty and dignity

Post by AbyssiniaLady » 06 May 2021, 22:45

Ethiopia, DP World sign MoU for development of Berbera Corridor



Sultan Ahmed Bin Sulayem, chairman and chief executive of DP World, and Dagmawit Moges, Ethiopia's Minister of Transport, sign a memorandum of understanding in Addis Ababa on Thursday to develop a trade and logistics corridor. Courtesy: DP World.

On May 6, 2021

Addis Ababa, May 6, 2021 (FBC) – Ministry of Transport of and DP World have signed Memorandum of Understanding (MoU) with the aim of developing the Ethiopian side of the road linking Ethiopia to Berbera into one of the major trade and logistics corridors of the Country’s international trade routes.

The MoU, which was signed in Addis Ababa today by Her Excellency, Dagmawit Moges, Ethiopia’s Minister of Transport, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, follows a decision by the two parties to explore the potentials for developing logistics infrastructure and the provision of end to end logistics services along the corridor to unlock major economic benefits for Ethiopia.

The MoU is expected to pave way for formal discussions on potentials to develop the corridor to unlock economic benefits as DP World and its partners envisage investing up to 1 Billion US Dollars in developing supply chain infrastructure along the corridor.

DP World, a leading global provider of end to end logistics solutions, and the Ministry of Transport, have signed a Memorandum of Understanding (MoU) with the aim of developing the Ethiopian side of the road linking Ethiopia to Berbera into one of the major trade and logistics corridors of the Country’s international trade routes.


Sultan Ahmed Bin Sulayem, chairman and chief executive of DP World, and Dagmawit Moges, Ethiopia's Minister of Transport, sign a memorandum of understanding in Addis Ababa on Thursday to develop a trade and logistics corridor. Courtesy: DP World.

In terms of the MoU, it is proposed that the Parties would establish a joint venture logistics company to perform logistic operations from origin to destination. It is intended that for export, DP World will offer services from origin in Ethiopia up to Berbera Port, while for imports, it will offer from the port of loading to the delivery of shipments in one of the dry ports in the hinterlands or the final destination of the consignees.

DP World and its partners envisage investing up to US$1bn over the next ten years in developing the supply chain infrastructure along the corridor. This will include dry ports, silos, warehouses, container yards, cool and cold chain depots, freight forwarding and clearing activities. The infrastructure investment will be in parallel with the implementation of the latest IT infrastructure and technology to ensure the efficient functioning of the corridor, and smooth, secure and transparent transfer of cargo throughout the entire transportation journey.

The MoU also envisages that the Ministry of Transport will see to it that a review and resolution of regulatory obstacles facing the Ethiopian side of the Berbera Corridor are exercised with a view to ensuring competitive arrangements for logistics companies so that they could be able to use the Corridor on a common user basis.

Speaking at the signing, H.E. Dagmawit Moges, Ethiopia’s Minister of Transport, said: “As we kick off the journey towards prosperity, aiming at unlocking Ethiopia’s development potentials designed to propel the country into becoming an African beacon of prosperity, the transformation of the logistics industry is expected to play the leading catalytic role. Ethiopia aims to diversify its port access facilities and services to improve its trade corridor access routes; utilizing the Berbera corridor will surely have a potential to make Ethiopia a front runner in logistics operations, boosting the competitive advantage of delivering our products to the world market.”

She added saying “The development of this Corridor will not only meet with the growing demand of Ethiopian’s international trade, but it would also enhance our Nation’s capacity in utilizing our existing major corridor both in terms of volume of trade and efficiency.”

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: “As a leading global provider of trade and logistics solutions, we strongly believe that developing the Berbera Corridor into one of the major trade and logistics corridors will unlock huge economic benefits for Ethiopia, and support its ambitious development plans. It will create new jobs, attract new businesses and investment along the corridor, as well as diversify and strengthen the country’s access to international trade by having a direct, seamless and efficient link between Ethiopia and Berbera Port.”

The road infrastructure that will connect Berbera Port to Wajaale at the border with Ethiopia, funded by the Abu Dhabi Fund for Development and the UK’s Department for International Development, is expected to be completed by the end of 2021. The road will link to the existing modern highway on the Ethiopian side and will further position Berbera as one of the key trade gateways in the region and will be one of the fastest and most efficient routes for Ethiopian transit cargo.

DP World has committed to investing up to US$442 million to develop and expand Berbera port, with the first phase nearly completed. Further work is already underway on expansion of the quay to 1000 metres which will increase capacity to two million TEUs, operated by 10 quay cranes.

https://www.fanabc.com/english/ethiopia ... a-corridor

https://www.dpworld.com/news/releases/m ... a-corridor

AbyssiniaLady
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Re: The day Ethiopia lost part of its sovereignty and dignity

Post by AbyssiniaLady » 07 May 2021, 14:42

Lamu Port: Kenya's Transshipment Hub Risks Becoming a White Elephant unless Kenya negotiates with Ethiopia

The Kenyan government faces a hard decision over whether to encourage shipping lines to make use of the new Lamu Port, which is set for commissioning in June. If traffic shifts to Lamu, the government risks failure to generate enough revenue from its main gateway facility, Mombasa Port.

"Lamu port is at the risk of becoming a white elephant because I don’t know who is going to use it come June. Factors against its viability are many and unless Kenya negotiates with Ethiopia, the facility will not achieve its purpose," said Wycliffe Wanda, the executive officer of the Kenya International Freight and Warehousing Association.

https://www.maritime-executive.com/edit ... e-elephant

I don't think Ethiopia will ever use Lamu port, the corrupt government in Kenya will be disappointed.

gearhead
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Re: The day Ethiopia lost part of its sovereignty and dignity

Post by gearhead » 07 May 2021, 16:10

I understand contents if each article, and the concept of saturated markets but cant relate them back to the topic heading.

Ethiopia lost rational thinking, numbers, business cases and plans when pente 'walk on water, ethiopia exceptionalism mambo jambo made a deal with second rate peddling gurage p!mps who are void of running anything; but*shortage inducing, hit-and-run businesses from merkato! Add to that, back to the 60s revo-isu, God only knows!

All these huge infrastructure projects took place under the assumption of a stable government!! Every indication of it is that we will never get from the current set of competing maggots!! Far from it, their will creat more and more and more, none stop! Even the most trivial of decisions are made two play off groups and appear centrist!

AbyssiniaLady
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Joined: 04 Feb 2007, 05:44

Re: The day Ethiopia lost part of its sovereignty and dignity

Post by AbyssiniaLady » 08 May 2021, 23:20

DP World launches e-commerce platform

May 7, 2021

Trade enabler DP World is set to launch DUBUY.com, a global wholesale e-commerce platform, in Ethiopia.

The initiative follows the signing of a Memorandum of Understanding between DP World and the Ethiopian Ministry of Transport to explore the potential of developing logistics infrastructure and the provision of end to end logistics services along the Berbera to Addis Ababa Corridor to unlock major economic benefits for Ethiopia.

DUBUY.com is an online marketplace that will help to unlock access to global markets for small and medium-sized Ethiopian enterprises, with fulfilment through DP World’s worldwide ports and logistics network.

The platform also enables global companies to find and serve new trading partners in Africa, opening access to fast growing markets on the continent.

DUBUY.com began operations in Rwanda with plans for rapid expansion across Africa and beyond. Ethiopia is the second largest market in Africa by population size and its rapidly growing economy means there is an ever-increasing demand for imports and exports.

Online marketplaces are a significant opportunity for economic growth in Africa, which today accounts for less than 0.5 percent of global e-commerce according to the United Nations Conference on Development and Trade.

The combination of DUBUY.com with DP World’s physical logistics infrastructure and data-driven logistics solutions will solve some of the key challenges to the growth of e-commerce on the continent, including reliable fulfilment, secure financial transactions, and the movement of goods.

Mahmood Al Bastaki, Chief Operating Officer of Dubai Trade World, added: “People and companies everywhere are turning to technology to fuel their post-pandemic recovery and improve access to global trade.

DUBUY.com represents a new model of trade in Africa, designed to strengthen its existing potential and open businesses and markets organically by enabling trade and supplying innovation. This technology allows home grown businesses to become international manufacturers and exporters by linking them with new markets in Africa and the rest of the world.”

The DUBUY.com platform offers a one-stop-shop, ensuring all transactions on the site are secure, from onboarding only trusted suppliers through to integrating leading payment service providers.

There are pre-negotiated, heavily discounted shipping tariffs in place, with regular console boxes moving between origin and destination with guaranteed transit times and incentivized shipping costs.

The shipping methods are also customized according to the scale of each transaction and the urgency of shipments. This all adds up to create a platform which is agile, responsive and will enable Ethiopian entrepreneurs to fully benefit from the advantages of increased access to world markets.

https://newbusinessethiopia.com/trade/d ... e-platform

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