Djibouti, June 22 -- The World Bank Group has approved US$45 million in additional financing (grant) for the Horn of Africa Initiative: Djibouti Regional Economic Corridor Project. The support will help strengthen regional connectivity, enhance logistics efficiency, and improve road safety along the Djibouti-Addis Southern Corridor. This support builds on the original US$70 million project approved in December 2021 and a US$90 million in additional financing approved in September 2024, bringing total World Bank financing for the project to US$205 million. The new financing builds on lessons learned from the parent project, particularly the need to improve road safety. It will finance the widening of high-risk sections of National Road 1 bet...