October 6, 2016 IBOMLLC Team

The Electric Railroad connecting the landlocked Ethiopia to Djibouti officially opens

The Electric Railroad connecting the landlocked Ethiopia to Djibouti officially opens

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Ethiopia and Djibouti officially get the bragging rights to be the pioneers of a fully electrified cross-border railroad across Africa.

Bragging rights aside! Ethiopia and Djibouti have opened up an electric railroad running from Addis to the Red Sea port of Djibouti. A distance stretching a little over 466 miles (750 kms) and at a cost to the tune of about $3.4 billion. This electric railroad runs parallel to an old one laid down over 100 years ago.

The track will dramatically reduce travel time and cost of cargo imports bound to Ethiopia through the Red Sea port of Djibouti. To the landlocked Ethiopia, the port of Djibouti is critical to its economy’s survival and growth; given about 90% of Ethiopia’s imports pass through the port.

In Ethiopia currently if you want to bring your container from Hong Kong to Djibouti, it will take you maybe two, three weeks. But it will take you more than that to take it from Djibouti to Addis Ababa. It will now take use one day or more,” said Getachew Betru, Chief Executive of Ethiopia Railways.

The fact that the new electric railroad …read more

Read more here:: The Electric Railroad connecting the landlocked Ethiopia to Djibouti officially opens

      

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