A small but important country, Djibouti benefits from its highly strategic location. With access to the Gulf of Aden and the Indian Ocean beyond, the country is a significant gateway to the Horn of Africa and the wider region of East Africa.
Economic developments are paving the way for Djibouti to better exploit its geographic position. Through the mobilisation of large-scale investments, authorities are leveraging natural resources, an increasingly business-friendly environment and monetary stability to ensure sustainable growth for decades to come. Thus far the country has managed to successfully maintain a robust growth rate in spite of turbulence in global markets, including low oil prices, a strong US dollar and the slowing Chinese economy. This bodes well for its near- and medium-term economic outlook.
Big ambitions: OBG talks to President Ismaïl Omar Guelleh
Common interests: John Kerry, US Secretary of State, on strengthening cooperation with Djibouti
Fostering cooperation: Mahamoud Ali Youssouf, Minister of Foreign Affairs, on Djibouti’s role in...
Diverse offering: OBG talks to Carlos Lopes, Executive Secretary, UN Economic Commission for Africa
A model for success: OBG talks to Ilyas Moussa Dawaleh, Minister of Economy and Finance
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