(Bloomberg) -- An opposition leader won elections in Somaliland, casting doubt over whether the semi-autonomous region will honor a deal that will enable Ethiopia to build a military base on its coast on the Gulf of Aden. Somaliland declared its independence from Somalia in 1991, but has since failed to gain widespread international recognition as a sovereign state. Under an accord announced on Jan. 1, Somaliland granted Addis Ababa the rights to establish a military base and commercial facilities on its coastline. In exchange, Somaliland would get an unspecified stake in Ethiopian Airlines, the continent’s largest carrier, while Africa’s second-most populous country will consider granting it formal recognition. He hasn’t specified whether he will honor the port deal.

Source: Ethiopian News November 19, 2024 14:30 UTC