Thu, 19-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ethiopia-Djibouti Railway Begins Vehicle Shipment to Addis Ababa

    Leah
    By Leah Wakarima
    - August 26, 2022
    - August 26, 2022
    African Wall Street
    Ethiopia-Djibouti Railway Begins Vehicle Shipment to Addis Ababa

    The Chinese-built Ethiopia-Djibouti railway on Thursday started vehicle shipment from ports in Djibouti to Addis Ababa, the Ethiopian capital.

    The first vehicle shipment arrived at the Indode Freight Station on the outskirts of Addis Ababa. A special ceremony was held at the station to mark the arrival of the first shipment.

    Abdi Zenebe, the chief executive officer (CEO) of Ethiopia-Djibouti Railway Share Company (EDR), lauded the move, emphasizing that it will help realize the major aspirations of the railway in terms of facilitating Ethiopia’s transportation system.

    Noting the huge movement of imported commodities from ports in Djibouti to central Ethiopia and exported items from Ethiopia to the rest of the world via ports in Djibouti, Zenebe said the first shipment of cars from Djibouti to Ethiopia signifies EDR’s commitment to diversify its transportation services.

    “This is an indication that we are diversifying our business. We have multiple varieties of wagons, including hoppers, refrigerator wagons, and a large number of wagons that we have not yet utilized. This is one way of indicating and communicating to the world and to our customers that we have started to use these (railway) wagons, and this diversification and expansion of businesses will guarantee EDR’s progress in the future and will expand EDR’s service to the two countries and customers involved.” Abdi Zenebe.

    The 752.7-km Ethiopia-Djibouti standard gauge railway, also known as the Addis Ababa-Djibouti railway, contracted by China Rail Engineering Corporation (CREC) and China Civil Engineering Construction Corporation (CCECC), is the first trans-boundary railway on the African continent.

    As the Ethiopia-Djibouti electrified railway significantly improves the freight market, EDR said the railway is enriching its services toward realizing the two countries’ ambition of building an industrial and economic belt driving the economic and social development of the two countries.

    Abdurahman Ibrahim, general manager of Nana Solutions, the company that partnered with EDR to import the first batch of 24 vehicles via the Ethiopia-Djibouti railway, said the railway offers various advantages to companies engaged in import and export sectors.

    “We are very lucky to be the pioneers in this very good initiative. It offers various opportunities to us, including safety as using railway wagons is highly secured and safe until its final destination. It is also very cost-wise as it reduces the cost by almost half compared to car-carrier trucks. Its swift delivery is also another great advantage.” Abdurahman Ibrahim.

    Read also; Ethiopia Launches Major Road Project Built by Chinese in Addis Ababa.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa