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Berbera Corridor Construction Commences

Mar 2 , 2019

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Construction of a road connecting Ethiopia with the Port of Berbera was officially launched last Thursday, February 28, 2019. The construction of Berbera Corridor was launched in Somaliland with the presence of Somaliland president Musa Bihi Abdi and Mustafa Mohammed Omer, deputy president of Ethiopia Somali Regional State. The 250Km dual carriageway between the Somaliland Port City of Berbera and the Ethiopian border is being funded by the UAE and the Abu Dhabi Fund for Development Construction Company. Ethiopia has a 19pc stake in the Port of Berbera, while Somaliland and DP World hold 30pc and 51pc shares, respectively.

Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...

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Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...

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Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...

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