Ethiopian Airlines has signed a strategic partnership agreement to jointly commence sea-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti for an expeditious transportation of goods to Africa.
Based on the agreement, the cargo will be transported from China to Djibouti Free Zone by sea and will be uplifted by air from Djibouti International Airport.
The synergy between air and sea transportation is highly instrumental in facilitating trade between Africa and China through fast and easy movement of cargo.
The collaboration will save both time and energy in addition to stimulating the growth of cargo market in Africa.
The transportation deal enables traders to order their products from China to Africa via Djibouti port and Ethiopian facilitates the air movement of goods to different parts of Africa through its vast network.
The partnership simplifies trade from china to different countries in Africa with the vast Ethiopian network in the continent and beyond. The markets of China and Africa are highly complementary and the partnership has huge potential in facilitating cost and time efficient logistics solutions for African traders.
As the world's production base, China is the largest supplier, while Africa with a population of 1.3 billion has a huge market demand. China has been Africa's largest trading partner with a trade volume of 254 billion in 2021.
Taking advantages of the best African sea port in Djibouti and the best airport in Ethiopia, Sino-African Sea-Air Express has been created by combining their respective wide freight networks.