AGP Executive Report
Last update: 6 hours agoRed Sea Trade: Egypt, Somalia and Djibouti reaffirmed that countries bordering the Red Sea should lead efforts to secure and manage the strategic waterway, a position with direct stakes for shipping and regional commerce. Regional Commerce: At the CEN-SAD meeting in Tripoli, delegates called for practical steps to expand intra-African trade and develop transport and energy links. Djibouti’s transit cargo was up 7.26% this year, reflecting rising demand on regional trade routes. Rail Link: China awarded Ethiopia a $15 million grant for spare parts, maintenance equipment and technical support for the Ethio-Djibouti railway, a key freight corridor to Djibouti’s port.
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