Somalia, Ethiopia to jointly invest in four seaports on the Red Sea

Somalia, Ethiopia to jointly invest in four seaports on the Red Sea

The day before Abiy’s visit to Somalia, the United Arab Emirates pledged to give $3 billion to Ethiopia in aid and investments, in a major show of support for the new leadership in Ethiopia.

The strengthened partnership between Ethiopia and the oil-rich Gulf monarchy is significant in the context of Addis Ababa’s ties with Mogadishu.

Somalia and the UAE have been at odds for months over the broader dispute in the Gulf region.

That Middle Eastern feud is driving the desire to control the Horn of Africa and its waters, diplomats, businessmen, scholars and Somali officials have told Reuters.

In May, Ethiopian state media reported that Ethiopia had taken an unspecified stake in the port of Djibouti, its main gateway for trade.



Ethiopian PM arrives in Somali capital

Highe level delegation led Ethiopian Prime Minister Abiy Ahmed has arrived on Saturday in Somali capital , amid heavy securty presence in Mogadishu

PM Abiy Ahmed and his delegation were warmly welcomed by country’s President Mohamed Abdullahi Farmajo and other senior government officials at Mogadishu’s airport.

Mr. Abiy was escorted to Presidential Palace in the capital as Somali president and  PM Abiy discussed wide range of issues.

Talks between the two leaders are on ongoing.  Abiy’s historic visit to Somalia comes a day after he received the crown prince of Abu Dhabi and deputy Supreme Commander of the UAE armed forces Sheikh Zayed Al Nahyan In Addis. The visiting Ethiopian premier is said to be trying to mediate between the UAE and Somalia. A source within Villa Somalia says there will  be a bilateral and regional issues discussed in details.

Source: mareeg