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$8Million border post set to boost Kenya-Ethiopia trade

Published on February 18, 2016

Construction of the Sh843 million Moyale one-stop border post will be complete by May this year. The project is expected to immensely enhance trade between Kenya and Ethiopia.

The border post funded by the African Development Bank (AfDB) is a trade facilitation project under the Mombasa-Nairobi-Addis Ababa Road Corridor project.

Kenya and Ethiopia signed a bilateral agreement in 2011 to develop the joint corridor and road to enhance cross-border trade.

Principal Secretary for Infrastructure John Mosonik last week told Smart Company that the construction began in February last year adding that, “approximately 65 per cent of the works have been done and the works are expected to be complete by May 2016.” Read more. Source | Geeska Africa Online