# Ethiopia loses 19 percent stake in Berbera Port

> Somaliland says Ethiopia lost 19 percent stake in Berbera Port, but what Horn Diplomat's 2022 report does not establish.

- By: Editorial Team, Somali Construction Review (https://somaliconstructionreview.com/about)
- Published: 30 September 2026
- Format: News story (reported from one named public source)
- Publication: Somali Construction Review (https://somaliconstructionreview.com)
- Subject: Business and Costs
- Tags: ports, procurement
- Web version: https://somaliconstructionreview.com/blog/ethiopia-loses-berbera-port-stake

## Key points

- On June 11, 2022, Horn Diplomat reported, citing the government of Somaliland, that Ethiopia had lost its 19 percent stake in Berbera Port.
- Somaliland Finance Minister Saad Ali Shire attributed the loss to unmet conditions.
- The report leaves open key questions about what actually happened to the stake.

On June 11, 2022, Horn Diplomat reported that Ethiopia lost its 19 percent stake in the port of Berbera, citing the government of Somaliland. The report says the loss came after Ethiopia failed to meet conditions required to complete the ownership deal.

Somaliland Finance Minister Saad Ali Shire told The Reporter that "Ethiopia failed to meet the conditions needs to acquire the stakes before the deadline. So it has no stake now, but it needs to note that ownership does not matter."

According to the minister, one requirement was a financial contribution for construction of the port, which Addis Ababa failed to remit.

Ethiopia's response at the time was cautious. Ambassador Dina Mufti, spokesperson of the Ethiopian Ministry of Foreign Affairs, told reporters on the Friday before publication that the government "will look into the new development."

## What the report does not establish

The Horn Diplomat story leaves several key facts unresolved. It does not confirm whether Ethiopia's stake was formally transferred, cancelled, or is subject to a legal dispute. No primary document, such as the underlying port agreement, is cited for the shareholding structure. The exact conditions Ethiopia failed to meet are not fully enumerated, and the amount of the unmet financial contribution is not given. The report also does not state a deadline for Ethiopia to meet the conditions.

Since the report is dated June 11, 2022, it does not reflect any subsequent developments. Ethiopia's current position on the port stake is unknown from this source.

## Sources

- [Ethiopia Loses 19 Percent Stake of Berbera Port](https://www.horndiplomat.com/ethiopia-loses-19-percent-stake-of-berbera-port/) — Horn Diplomat, 2022-06-11