Ethiopian News, Current Affairs and Opinion Forum
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AbyssiniaLady
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by AbyssiniaLady » 21 Aug 2025, 00:10

Damerjog Oil Terminal in Djibouti - it is the size of 10000 inhabitants village.
The construction of the biggest oil terminal in East Africa is completed.
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AbyssiniaLady
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by AbyssiniaLady » 25 Oct 2025, 14:41
Djibouti, Saudi Arabia Sign 30-Year Deal for Tadjourah Port
October 25, 2025
One of seven major ports in Djibouti - Northwestern Somali Sea.
Djibouti and Saudi Arabia have announced the signing of a 30-year concession agreement granting Saudi Arabia’s Red Sea Gateway Terminal (RSGT) operational rights to manage and develop the Port of Tadjourah. The signing ceremony took place at RSGT’s headquarters in Jeddah Saudi Arabia.
This agreement follows the Memorandum of Understanding (MoU) previously signed between the two parties in March 2025. It is a key milestone in strengthening cooperation between Djibouti and the Kingdom of Saudi Arabia in the port and logistics sectors.
Under the 30-year deal, Saudi Arabia’s Red Sea Gateway Terminal (RSGT) will transform the Port of Tadjourah into a multi-purpose terminal with an initial handling capacity of five million tons per year.
Source: Djibouti and Saudi Arabia media outlets.