Addis Ababa, Ethiopia, 22 January 2025 – The Ethio-Logistics Sectoral Association (ELSA), in partnership with TradeMark Africa (TMA), is hosting a two-day conference aimed at improving trade and addressing barriers within the Ethiopia-Djibouti trade corridor. Supported by the European Union (EU) through the Agence Française de Développement (AFD), the conference, which began yesterday, concludes today, 22 January 2025, with a follow-up event scheduled for April in Djibouti. Dr Kassahun Gofe, the Minister of Trade and Regional Integration “Ministry of trade is committed to implement measures that enhance business opportunities and promote trade. We will continue creating an environment that encourages growth and prosperity for all as we advance regional business integration.” This conference highlights the critical role of the Ethio-Djibouti corridor, which handles 90% of Ethiopia’s foreign trade. Three years ago, the EU launched a €32 million programme in partnership with AFD and TMA to enhance the corridor’s efficiency, reduce trade costs, and streamline cross-border transactions. The initiative has focused on trade facilitation, major value chain support, and sustainable, inclusive trade practices, particularly benefiting women traders and vulnerable groups. Key projects under this programme include the implementation of a Fleet Management System, alignment with WTO Trade Facilitation Agreement standards, and the improvement of Ethio-Djibouti Corridor Management. On the Ethiopian side, efforts include enhancing logistics competitiveness, promoting AfCFTA awareness, deploying an e-Phyto certification system, and strengthening the corridor’s coordination and management. Collectively, these initiatives aim to position the corridor as a model of efficiency, sustainability, and inclusivity in African trade. The...
EU backed Addis Business Conference Explores Ways to Reduce Transport Time on Ethio-Djibouti Corridor
Posted on: January 22, 2025
Posted on: January 22, 2025