Ethiopia Offers Airline Stake to Somaliland for Red Sea Access

Ethiopia Offers Airline Stake to Somaliland for Red Sea Access

Ethiopia signed a memorandum of understanding with Somaliland, a breakaway region of Somalia, to gain access to the Red Sea in exchange for a stake in its flagship carrier Ethiopian Airlines. Detailed negotiations to reach a formal agreement will be concluded in a month, said Redwan Hussein, national security adviser to Prime Minister Abiy Ahmed. … Read more