• Home
  • About Us
    • Our Mission and Vision
    • Objectives
    • History
    • Board of Directors
    • Message From CEO
    • Our Leadership Team
  • Investment
    • Sectors We Invest In
    • How We Design Our Investments
    • How We Categorizes Our Investments
    • What Vehicles Does EIH Use?
    • Investment Considerations
    • Investment Process
    • EIH’s Value Proposition
    • Success Stories
  • Portfolio
    • Transport and Logistics
    • Energy and Connectivity
    • Financial Services
    • Mining, Engineering and Chemicals
    • Hospitality
    • Agriculture and Agro-Processing
    • Manufacturing
    • Trading
    • Construction and Real estate
  • Resources
    • Audit Report
    • Annual Report
    • Publications
    • Laws and Regulations
  • More
    • News and Media
    • Gallery
    • Career
    • Tender
    • contact us
qt=q_95

Ethiopia, Djibouti advance $660 million fuel pipeline

  • October 5, 2026
  • Dagmawi Zeleke

Ethiopia is moving to strengthen its fuel security through a $660 million (R10.7bn) pipeline project linking the country to Djibouti, with Nigerian industrialist Aliko Dangote also involved in the investment.

Ethiopian Investment Holdings says the 120km pipeline will connect the Damerjog petroleum hub in Djibouti to Dewele in Ethiopia’s Somali Region.

The project will include storage facilities at both ends and is expected to be completed within two years.

Ethiopian Investment Holdings CEO Brook Taye said the infrastructure would allow fuel shipments arriving in Djibouti to be transferred into storage and then transported by pipeline to Ethiopia.

Taye said the project would reduce delays and demurrage costs, lower fuel transport costs and save foreign exchange.
Read More

Share:

More Posts

Ethiopia Launches $50 Million Mega-Refinery at Bole Lemi to Rewrite Regional Precious Metals Trade

Prime Minister Abiy Ahmed officially inaugurated the National Precious Metals Refinery today at the Bole Lemi Special Economic Zone. Established through a strategic partnership between

Ethiopia Enters East Africa’s Race for Regional Gold Trade With $50 Million Refinery

Ethiopia has entered the competition to capture a larger share of East Africa’s gold trade with the opening of its first refinery, a $50 million

Jaishankar meets Ethiopian Investments Holdings CEO, discusses deeper investment ties

External Affairs Minister Jaishankar on Sunday said he discussed ways to deepen investment partnerships between India and Ethiopia during a meeting with Brook Taye, CEO

Addis Ababa: Jaishankar Meets Ethiopian Investments Holdings CEO

Addis Ababa: External Affairs Minister S. Jaishankar meets Brook Taye, Chief Executive Officer of Ethiopian Investment Holdings, in Addis Ababa, Ethiopia, on Saturday, October 10,

PrevPreviousInvestment Holdings CEO: Ethiopia-Djibouti Pipeline to Transform Fuel Logistics and Boost Competitiveness
Next2 ዓመት የሚጠናቀቀው የኢትዮ ጂቡቲ የተጣራ የነዳጅ ማስተላለፊያ  መስመርNext

Ethiopian Investment Holdings

Quick Links

  • Home
  • About Us
  • Investment
  • Portfolio
  • Contact Us

Contact

+251(0)111 70 45 40

info@eih.et

General Winget St, Hilcoe Building 5th floor, Addis Ababa ,Ethiopia

Copyright © 2025 All Right Reserved