World
Africa's richest man helps fund $660m fuel pipeline between Ethiopia and Djibouti
The pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti's port.
BBC World•
Nigerian billionaire Aliko Dangote has announced that he is helping to fund a new $660m (£500m) fuel pipeline between Ethiopia and Djibouti
The project will include a 120km- (75 mile-) pipeline connecting Djibouti's Damerjog port to a distribution facility in Dewele, Ethiopia, as well as storage capacity of about 400 million litres.
Ethiopian Prime Minister Abiy Ahmed said the pipeline would reduce the time needed to transport fuel from Djibouti's port to the Ethiopian capital, Addis Ababa, from five days to one.
Djibouti is also expected to benefit from increased port activity, job creation and higher government revenues.