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Landlocked Ethiopia May Establish Naval Base at Kenyan Port
ADDIS ABABA (Capital Markets in Africa) – Ethiopia, landlocked since the secession of Eritrea a quarter century ago, may consider building a naval base in neighbouring Kenya to strengthen its military capabilities, the head of the state shipping company said. The facility could form part of a port the Kenyan government is building at Lamu, said Roba Megerssa Akawak, chief executive officer of the state-owned Ethiopian Shipping & Logistics Services Enterprise. The 390 billion-shilling ($3.87…
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