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Ethiopia, Kenya Secure Oil Pipeline, Trade, Investment Deals

– Kenya and Ethiopia have signed a number of deals that may possibly reaffirm Kenya’s position as a dominant ecomnomy in the East African region

– Ethiopia and Kenya signed an agreement to start the construction of the Ethio-Kenya oil pipeline. The agreement was signed by Mr. Tolossa Shagi, the Ethiopian Minister of Mines, Petroleum and Natural Gas and his Kenyan counterpart later today (June 23, 2016). The two sides have also signed agreements on various other areas of cooperation. And the signing of the agreements was witnessed by Prime Minister Hailemariam Desalegn and President Uhuru Kenyatta. On the occasion, both leaders reiterated the importance of implementing the signed agreements. After Uganda pulled out of an oil deal with Kenya, Uhuru has now signed a two route crude oil pipeline with Ethiopia […]

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