Ethio-Djibouti Railway Resume Operation After Two Days Hiatus

Apr 3 , 2023


[ssba-buttons]

Traders were apprehensive last week as the Ethio-Djibouti railway stopped operation for two days due to security concerns and railway line maintenance issues. Jeylan Abdi, head of federal police communications, said the conflict that arose between a couple of groups resulted in the disruption. The 756-kilometre-long electrified standard meter gauge railway is used as a passage for import-export items. According to Abdi Zenebe (PhD), chief executive officer of the Ethio-Djibouti gauge railway, the transportation was resumed after "a brief disruption." An exporter who wishes to remain anonymous said the disruption has affected the delivery process for the buyers. She says that freight road transportation cargo is more costly, time taking and prone to risk than the railway. The exporter said there is a 20,000 Br difference while products are delayed for about a week to reach buyers. Experts from logistics and supply chain management believe that the country's import-export has been supported by railway transport with minor disruptions having an effect on its performance, suggesting training professionals to handle maintenance problems locally instead of depending on foreign nationals.


Radar

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust...


Radar

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brought together prominent figures including Ethiopia's former Prime Minister Hailemariam Desalegn, former First Lady Roman Tesfaye, and Kenya's First Lady Rachel Ruto. Organised by the Rockefeller Foundation, the event focused on overhauling child nutrition through regenerative agriculture. Sarah Farl...


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...