Hence, the two countries have had strong relationships, tied with trade, investment socio-economic relations as well as common strategic and security agreements. According to officials of the two countries, Djibouti bags at least USD one billion from Ethiopia for port related services every year. According to port officials, they are planning to expand their port services for other landlocked countries in the region mainly to South Sudan, Rwanda and Burundi. A fitting ambition really, “Africa’s Singapore”, given Singapore’s economic triumph starting as a small finishing village with no dependable natural resources in the early 1960s. Rather ironically, becoming Africa’s Singapore was also the same ambition expressed by Eritrea up on gaining its independence some three decades ago.

Source: Ethiopian News December 22, 2018 07:18 UTC