Sharp Daily
No Result
View All Result
Saturday, June 27, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya accelerates Lapsset projects to court Ethiopia’s interest

Brenda Murungi by Brenda Murungi
March 4, 2024
in News
Reading Time: 2 mins read

Kenya and Ethiopia have committed to collaborating on enhancing security measures, revising tariffs, and expediting the construction of infrastructure projects to facilitate the smooth transportation of cargo from Lamu to Ethiopia.

The two governments discussed Nairobi’s assurance to Addis Ababa regarding the operational readiness of the Port of Lamu, including the provision of essential facilities such as a superstructure, cargo yard, operational equipment, port workshop, warehouses, office space, and accommodation facilities.

As Ethiopia prepares to commence utilizing the port next month, the Kenya Ports Authority (KPA) will revise port tariffs. These tariffs are among the requirements stipulated by Addis Ababa, following Kenya’s assurance of security along the Lamu Port, South Sudan Ethiopia Transport (Lapsset) corridor.

The LAPSSET Corridor Program is Eastern Africa’s largest and most ambitious infrastructure project bringing together Kenya, Ethiopia and South Sudan.

RELATEDPOSTS

DStv subscriber base in Kenya falls to 248,053 in first quarter of 2026

June 18, 2026

Kenya proposes new shisha rules with fines rising to Sh1 million

June 16, 2026

The two nations further agreed to collaborate on diplomatic and other strategies to enable Ethiopia’s utilization of the Port of Lamu for importing fertilizer. This move aims to establish the corridor as a crucial trade hub for the region.

Lapsset Corridor Development Authority (LCDA) Chairman Ali Mbogo and chief executive Stephen Ikua assured traders of their security and free flow of cargo.

“The Lapsset management has made a request to Kenyan government to consolidate the budget of all Lapsset components with a view to fast-tracking implementation of the missing links and therein improve the prospects of the Lapsset corridor as the preferred route for transport and transit cargo destined to and from Ethiopia and South Sudan,” said Mr Mbogo.

“We have met with all security agents along the corridor from Lamu to the Moyale One-Stop Border Post, where we have set measures to secure cargo, vehicles and implementers of different pending projects.”

Kenya and Ethiopia have constituted a joint technical committee to address key issues derailing the commercialisation of the Lapsset corridor. The two countries have committed to a collective action to enable the use of the Port of Lamu as the entry point for the importation of cargo destined for Ethiopia.

Previous Post

Nurses criticize health CS over Davji Atellah’s assault

Next Post

Kipchoge’s tenth place finish yields modest sum in Tokyo Marathon

Brenda Murungi

Brenda Murungi

Related Posts

News

Building a Portfolio That Works Across Market Conditions

June 26, 2026
News

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock
News

How the cost of living crisis is hitting pension contributions

June 26, 2026
News

Why Liquidity Matters in Financial Markets

June 25, 2026
News

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG
News

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 2026

LATEST STORIES

Building a Portfolio That Works Across Market Conditions

June 26, 2026

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock

How the cost of living crisis is hitting pension contributions

June 26, 2026

The banking concentration risk on Kenya’s capital market

June 26, 2026

Why Liquidity Matters in Financial Markets

June 25, 2026

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026

Designing Pension Solutions for Kenya’s Evolving Workforce

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024