Takele Uma, CEO of Ethiopia-Djibouti Railway S.C., announced that for the first time since the company’s operational launch, it achieved profitability in the last quarter of 2024.
The announcement followed a comprehensive evaluation of the 2024 performance of the Ethio-Djibouti railway, conducted on 14 January, 2025.
“This achievement sets the stage for our upcoming three-year strategic plan aimed at transforming the company into a profitable venture,” Takele stated on social media. “With a solid…
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