The “Ethiopian Railway” project is said to connect the Ethiopian capital with Djibouti on the Red Sea coast. The T-TPLF “thought” it could secure a “foreign loan for 25.9 billion birr” and drum up”34.3 billion birr from domestic sources”. Did the T-TPLF configure passenger traffic as part of the revenue source for the long haul rail line or mainly freight? Domestic revenues obtained from long-term bond sales for the project increased from 15.4 billion birr to 17.6 billion birr. White Elephants in Ethiopia” in April 2014, T-TPLF trolls accused me of being “against Ethiopia”.
Source: Ethiopian News January 30, 2017 05:25 UTC