Compagnie Impériale des Chemins de Fer Ethiopiens

15870

Délégation (2nd serie) Paris 1910

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Délégation (2nd serie) to bearer issued in Paris in 1910.

Founded in 1898, this French company benefits from a French concession granted by King Ménélik to undertake the construction of a railway line from Djibouti to Diré-Daroua.

In 1906, the promoters of the project did not have the necessary capital to carry it out, the situation became very precarious and the company was put into liquidation in 1907. Anxious to make Djibouti the outlet for Ethiopian foreign trade, the French Government proposed to the Banque de l'Indochine, through a new company, to take over the concession by providing the capital necessary for the completion of the railroad and its extension to Addis Ababa.

After negotiations and with the agreement of England and Italy, the "Compagnie du Chemin de Fer de Djibouti à Addis-Abbeba" was founded and took over the assets of the imperial company. The line, 784 kilometers long, was completed in 1917.

15870
24 Items

Data sheet

Country
Ethiopia
Theme
Railroads
Design
Yes
Condition
EF

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