Ethiopia, Djibouti Sign Agreement for the Construction of an Oil Pipeline

[Ethiopia Government]An agreement was signed between Ethiopia and Djibouti on Saturday last week (February 7) to start construction of an oil pipeline between the two countries. The agreement was signed by Tolosa Shagi, Ethiopia's Minister of Mines Ali Yacoub Mahamoud, Djibouti's Minister of Energy in charge of Natural Resources. The pipeline will be managed by Black Rhino, a US-based global infrastructure firm. The project, expected to cost US$1.4 billion, is to run from Djibouti port, through Dire Dawa to Awash from where th