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Investors Invited For New East Africa Trade Route
VICMED waterway to connect 11 Nile Basin African countries via multimodal corridor.
The Egyptian government in early June pitched the US$12 billion VICMED Inland Waterway Project at an African Union (AU) roundtable consultation held in Ethiopia. The scheme involves a 5,500km multimodal transport corridor that will establish a new continental trade route connecting East Africa directly to European and global markets.The roundtable
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Interventions include border crossing, road, rail and port schemes.
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