With an economy that is growing consistently by more than six percent every year, the vital importance of access to the sea for Ethiopia cannot be overemphasized. The outlet that Ethiopia currently uses is obviously not enough to accommodate all the transactions of such a huge and growing economy.

The European Union (EU) has announced substantial financial support for Somalia, amounting to over $10.7 million, following significant steps taken by Mogadishu to implement key economic and political reforms. The reforms are aimed at improving governance and securing the confidence of the global financial system.

Ethiopia’s Premier Abiy Ahmed pays first visit to Somalia since Ankara Declaration in December - Anadolu Ajansı

MOGADISHU, Somalia (AP) — Ethiopia's leader is visiting Somalia on Thursday, a trip that signifies improving relations between the two neighbors after a sharp rise in tensions last year. Prime Minister Abiy Ahmed of Ethiopia was welcomed in the Somali ...

Somalia and Ethiopia have vowed cooperation, seemingly putting a year of tensions behind them. The declaration came on Thursday as Ethiopian Prime Minister Abiy Ahmed made his first official visit to Mogadishu in more than a year, in a bid to end the animosity between the two sides, which have been at loggerheads in both public and private.

Suspected Somali pirates have fled a Yemeni fishing boat they seized off the Horn of Africa and operated for five days

Analysts say the deal not only benefits Ethiopia’s economic ambitions but also bolsters Turkey’s influence in the Horn of Africa. On the agenda in Mogadishu are discussions about Ethiopia’s potential role in the new African Union peacekeeping mission ...

MOGADISHU, Somalia — Ethiopia's leader is visiting Somalia on Thursday, a trip that signifies improving relations between the two neighbors after a sharp rise in tensions last year. Prime ...