Attracting 500,000 visitors annually by 2030 will necessitate infrastructural and capital improvements across the board, alongside a significant increase in current spending on promotional campaigns. As a result, the financing requirements are sizable. However, with the country already devoting a large portion of its budget to upgrades focused...
One of the housing sector reform’s most important changes is the establishment of the Housing Bank of Djibouti (Banque de L’Habitat de Djibouti). The new institution aims to give the state a new position in the financing mechanisms for the country’s housing sector, something that private banks, despite their increased presence in the country,...
Benefitting from several years of consistent macroeconomic stability and the roll-out of greater business-friendly regulation, Djibouti has attracted a rising amount of investment – equivalent to as much as 52% of GDP – with the vast majority of it being directed towards capital projects. This in turn is having a noticeable impact on Djibouti’...
Although it only has a population of 850,000, Djibouti has nonetheless seen a steady expansion in opportunities for telecommunications investment. This is mostly due to increasing consumption and regional demand for high-bandwidth international connectivity. While the sector remains largely under the purview of a single publicly-owned operator...
Given Djibouti’s economic reliance on international trade and the scarcity of natural resources, manufacturing industries have always played a secondary role in the country’s economic development. However, authorities are now looking to boost their development as a means to cut unemployment and foster more sustained and inclusive economic...
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