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Ethiopia

Sudan lowers oil transit fee demand

Sudan lowers oil transit fee demand

Sudan has lowered its oil transit fees demand to $32.20 a barrel in a bid to resolve a row that has shut in South Sudan's output, Sudan's oil minister said on Tuesday, but the two sides remained far apart as talks continue in Ethiopia.

March 13, 2012 1:54
 

Djibouti signs $36M port loan

Djibouti on Tuesday agreed a $36 million loan to build a new port and expand the business upon which the tiny country's economy relies, a government minister told Reuters.

December 14, 2011 11:07
 

Djibouti to spend $330M on port expansion

Djibouti’s port, run by Dubai’s DP World, plans to spend $330 million on expanding its port, an exercise that is expected to be complete by 2014 and to increase the cargo throughput, its port authority said.

October 11, 2011 10:36