New Djiboutian ports to export salt and Ethiopian potash
Published: Tuesday, 09 December 2014
Hoping to capitalise on its strategic geographical location, Djibouti hopes that potash from landlocked Ethiopia may pass through its ports once constructed. The country may be able to earn taxes from this transfer route, while Ethiopian companies could find a cheap route to export for their potash through one of the busiest shipping regions in the world.
Bordering the Red Sea and the Gulf of
Aden, the east African nation of Djibouti is to construct
two new ports, to facilitate the export of salt and Ethiopian potash, in the
Lac du Goubet inland sea and in the Gulf of Tadjoura.
The Djibouti government will invest a total...