East Africa's Cross-Border Electric Trains Set to Speed Up Intra-African Trade UGIndependent: EastAfrica
The African Continental Free Trade Agreement is set to combine Africa's population of nearly 1.4. billion people and markets with a current combined GDP of over US$ 3 trillion, into a single market.
With a length of 750 kilometres, the Ethiopia-Djibouti line from Addis Ababa to the Red Sea port of Djibouti is still the longest of its kind on the continent. The US$3.4 billion project received 70 per cent of its funding from China's Exim Bank. In December 2022, the East African country finalised a US$2.2 billion deal with China that will see a total SGR network of 2,561 kilometres, linking the port city of Dar es Salaam to landlocked countries like the DRC, Rwanda, Burundi and Uganda.
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Africa: How Africa Benefits From the New Historic 'High Seas' Treaty On Maritime BiodiversityTreaty obligates States to adopt ocean conservation measures with fair and equitable sharing of benefits
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