The $2 Billion Addis Ababa Djibouti Railway China's Investment in East Africa #china #africa
#china #china Hello everyone and welcome to my YouTube channel. In this video, we're going to talk about the $2 billion Addis Ababa-Djibouti railway project and China's investment in East Africa. The Addis Ababa-Djibouti railway is a 756-kilometer railway line that connects the Ethiopian capital of Addis Ababa to the port city of Djibouti. The railway line was built with the help of Chinese investment and technology and was officially opened in 2018. The railway project is one of the biggest infrastructure investments in East Africa and is expected to boost regional trade and economic growth. The Addis Ababa-Djibouti railway is an electrified standard gauge railway line that was constructed by the China Railway Group Limited and the China Civil Engineering Construction Corporation. The railway line was built over a period of four years and was financed by a loan from the Export-Import Bank of China. The railway project was part of China's Belt and Road Initiative, which is a global infrastructure development strategy aimed at connecting China to the rest of the world through the construction of new infrastructure projects. $1.5 Billion Bagamoyo Port Development China's Investment in Tanzania's Shipping Hub • $1.5 Billion Bagamoyo Port Development Ch...

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