
Ethiopia Drops Red Sea Port Deal with Somaliland After Turkey’s Mediation
A high-stakes diplomatic game over access to the Red Sea reached its climax as Ethiopia abandoned its controversial port agreement
December 12, 2024Eastern Africa – Kenya, Ethiopia, Tanzania, Uganda and Rwanda – is the continent’s fastest-integrating bloc, a hub for tech, logistics, ports and a rising consumer class along the Indian Ocean trade routes. The Rio Times tracks the region’s growth, currencies, infrastructure megaprojects, and the contest among China, the Gulf and the West for influence. This hub gathers our daily Eastern Africa coverage through a business and investment lens.

A high-stakes diplomatic game over access to the Red Sea reached its climax as Ethiopia abandoned its controversial port agreement
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