Browsing: OSBP

The Moyale OSBPis expected to ease movement of goods and people between Kenya and Ethiopia. www.theexchange.africa

Kenya’s exports to Ethiopia in 2019 were valued at US$67 million, while Ethiopia’s exports to Kenya were valued at US$52.05 million and it is expected to increase significantly with the operationalisation. The OSBP and the LAPSSET corridor are expected to enhance this trade. 

During the launch, PM Abiy hailed deepening economic ties between the two nations as one that would lead to mutual benefit for the people and economies of the neighbouring nations. …