Ethiopia Cedes Stake in Berbera Port

Jun 11 , 2022

The federal government has lost a 19pc stake in the Berbera Multi-Purpose Port, according to Somaliland officials. It effectively voids the terms of a deal struck in 2017 between the government, DP World, and the Somaliland Port Authority. The government of Somaliland, a self-declared state, owns a 30pc stake in the Port, while DP World accounts for the majority 51pc. Somaliland officials say the Port will still be available to serve as an alternative to ports in Djibouti. DP World Berbera, a joint venture company, will serve landlocked countries in the Horn of Africa such as Ethiopia, which ferries 13.5 million tonnes of imports and 1.8 million tonnes of export cargo annually through ports in Djibouti, representing nearly all trade shipments of the country.



A young shoe shiner goes door to door, offering his services around the Stadium area. It is common in the capital to see young rural migrants engaged in physical labour, scraping change to send home. CHR Michelsen Institute (CMI) estimates that one out of three rural households has at least one family member migrating to cities. Extreme poverty and lack of access to farmland force many to look for better prospects in the city. Upward income mobility has remained stagnant over the last five years...



A carriage around the Ayat area delivers water, as homes rarely access tap water in the area. Ethiopia has nine major rivers, and twelve big lakes, often called the water tower of Africa. However, UNICEF estimates that up to 80pc of communicable diseases in Ethiopia are due to a lack of access to safe water and sanitation. The second most populous country in Sub-Saharan Africa has the highest percentage of the population without access to potable water at 60pc, while the average daily consumptio...



Holiday activities at Jan Meda included penalty shoot outs for cash pay alongside other carnival games. The World Cup final in Qatar ended in penalty shoot outs this year, a global audience of 1.5 billion watched the spectacle. While the tournament's ending had stirred planetary awe, the death of 37 workers during the construction of the stadiums had given the games a sour taste early on. The tournament broke records of the biggest budget of more than 200 billion dollars and the most spectators...