Business boom on Ethio-Eritrea border amid brisk Birr-Nakfa exchanges - News Summed Up

Business boom on Ethio-Eritrea border amid brisk Birr-Nakfa exchanges


The reopening of borders shut over two decades ago has often come with multi-pronged advantages, from the communal, familial and person – to – person exchanges. Another core point is of the business interaction especially between people crossing from Ethiopia – the Horn of Africa’s biggest economy into the yearning Eritrean market keen for products. The BBC’s Tigrinya service reports of a business boom at a crossing point opened in January this year. Traders with materials are crossing from Ethiopia into Eritrea with reports showing long queues of trucks waiting for clearance. In the first week of January, Ethiopia Prime Minister Abiy Ahmed and the Eritrean President Isaias Afwerki met to open a border crossing along their common border – the Omhajer – Humera crossing point near the Sudan border.


Source: Ethiopian News February 14, 2019 04:30 UTC



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