Tue, 10-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
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

    Kenya and Ethiopia are Working on a Title Deed to Give Ethiopia a Berth in the Lamu Port

    Mwakaneno
    By Mwakaneno Gakweli
    - November 23, 2019
    - November 23, 2019
    African Wall StreetKenya Business news

    Kenya and Ethiopia are speeding up a title deed to allow Ethiopia to own a berth in the Lamu port.

    A space in the Lamu port would serve defence and strategic interests not available through its other ports.

    Ethiopia has stake in other ports in the continent such as the Port of Djibouti, and the Port of Sudan. Furthermore, the country also invested $80 million in Somaliland’s port of Berbera.

    SEE ALSO: Lamu Port’s first berth to open in October.

    Kenya and Ethiopia have the longest-standing mutual defence pact, so our strategic interests have a long history and endure. With a title deed, we should be able not just to invest in Lamu, but more widely in Lapsset.

    Ambassador Meles Alem

    Besides, the port of Lamu would be critical to servicing the southern part of the country.

    “Ethiopia is a country of 110 million people, and the Lamu port will be particularly critical for us in serving the southern part of our country,” Mr Meles continued.

    Finally, a spot at the port will help hedge against strategic risks, allowing Ethiopia to establish a naval base. This is especially important given that the country is surrounded by 10 military bases in the Horn of Africa.

    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