Djibouti's sovereign wealth fund plans to double its assets under management of more than $1 billion in the next decade, its ...

Ethiopia’s quest for access to the Red Sea has become a hotly debated topic on social media. Posts with a map of the Red Sea ...

Instability in the Horn of Africa region is leading to renewed tensions between landlocked Ethiopia and rival Eritrea after a ...

Red Sea Gateway Terminal International and Port of Tadjourah sign MoU to manage a multipurpose facility at the Red Sea-Arabian Sea. Find the latest news from the maritime industry on the PortNews ...

While this tiny port state may not be ... The tiny country of Djibouti lies in the Horn of Africa and covers about 8,960 square miles, with the Red Sea being its eastern border.

A dockworker passes by a container ship at the Chinese-operated port of Djibouti in 2015. (Carl de Souza/AFP/Getty Images) Warning: This graphic requires JavaScript ...

mainly in Ethiopia but also in Eritrea and Djibouti. “Assab is a port city in the Southern Red Sea Region of Ethiopia,” the post adds. “It is situated on the west coast of the Red Sea.

Ethiopia is eager to gain direct access to the Red Sea, which it once ... still has no access to the port of Assab and continues to rely on foreign trade through Djibouti. Matters are unlikely ...