As the conflict in Tigray continues to destabilise Northern Ethiopia, many fear the region could be pushed deeper into famine, after an airstrike ... on the capital of Mekelle today has threatened the lives of more innocent civilians, injuring dozens and killing three in two airstrikes today, according to reports from the BBC.
Ivory Coast plans to increase capacity at the port in its economic capital Abidjan, one of the busiest in Africa.
The port serves as a gateway for landlocked nations to the north and a transit point for beans from the world’s top cocoa grower.
“The total cost of the project is about 466 billion CFA francs,” Hien Yacouba Sie told a news conference.
“The financing has been concluded with China Eximbank,” Sie said, adding that construction would include the enlargement of the Vridi canal, the construction of the second container terminal and a roll on/roll off terminal.
He said construction would start in the first quarter of 2015 and it is expected to be completed by 2021.
The contract to manage the new terminal was awarded last year to a consortium led by France’s Bollore.
Sie said Bollore will invest a further 200 billion CFA francs for other port infrastructures and equipment which will boost port traffic.
Cargo traffic has been on the rise as the country recovers from a decade of political stability.
Total tonnage surpassed 21 million tonnes in 2013.
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