East Africa: A Pipeline Linking Ports, Markets and the Horn's Future
[ENA] The Horn of Africa is on the cusp of a significant transformation, driven by a new 660 million USD infrastructure project. This project promises to revolutionize the way Ethiopia receives, stores, and distributes petroleum products. At the heart of this project is a 120-kilometer refined petroleum pipeline linking Damerjog in Djibouti with Dewele in Ethiopia.
The Horn of Africa is set to undergo a major transformation with a $660 million infrastructure project aimed at linking ports, markets, and the region's future. The project involves a 120-kilometer refined petroleum pipeline connecting Damerjog in Djibouti to Dewele in Ethiopia, reducing fuel journey time from five days to just one day.
The pipeline, developed by Ethiopia, Djibouti, and the Dangote Group, will also increase storage capacity with 1.25 million cubic meters of combined storage at the two ends. The project is a result of a strategic partnership between Ethiopian Investment Holdings and the Dangote Group, reflecting a broader approach to capitalizing on public assets and technology.
At the inauguration, Djibouti's President emphasized the importance of regional integration, stating that the pipeline project will create new opportunities for trade, investment, and economic growth. The project is expected to be completed within two years, with significant benefits including reduced journey time for fuel, improved efficiency of fuel distribution, and enhanced economic interdependence between Ethiopia and Djibouti.
Written by urgent.news from AllAfrica's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
