02.03.2018 - 06:02 [ Daily Mail ]

Ethiopia buys stake in Dubai-managed Somaliland port

Ethiopia on Thursday acquired a stake in a port in the breakaway state of Somaliland, its operator DP World said, as a legal dispute rages over another major Horn of Africa shipping hub.

Dubai-based DP World last week accused Djibouti of illegally seizing a port that is the main transit route to landlocked Ethiopia, the second most populous African nation.