Ethiopia has granted a $738 million loan to South Sudan to facilitate the construction of a major cross-border infrastructure project—a 220-kilometre road connecting the two nations. The terms stipulate that loan repayment will be sourced from South Sudan's crude oil sales to Ethiopia, effectively binding economic cooperation to infrastructural development. This initiative aligns with a prior agreement established in May
Ethiopia has granted a $738 million loan to South Sudan to facilitate the construction of a major cross-border infrastructure project—a 220-kilometre road connecting the two nations. The terms stipulate that loan repayment will be sourced from South Sudan's crude oil sales to Ethiopia, effectively binding economic cooperation to infrastructural development. This initiative aligns with a prior agreement established in May
0 Comments
0 Shares
0 Reviews
