Ethopia: Ethiopia-Djibouti Railway achieves first profit milestone since launch, says CEO

Addis Abeba –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…