Africa Economy

Displaying 1057 - 1062 of 1991

 

With its strategic position on the Gulf of Aden, along a primary Europe-Asia shipping route, and its status as an entry-point to the hundreds of millions of consumers in East Africa, Djibouti’s economic strategy is predicated on leveraging its potential as a trade platform. This stance is supported by ambitious plans to build new ports,...

 

Located along a strategic international trade route that connects Africa, the Middle East, Europe and Asia, Djibouti’s economic development has been linked with rising global commerce. In order to fully harness its geographic advantages and maintain its competitiveness, the country is now focusing on infrastructure improvements and a gradual...

 

What measures can be taken to encourage foreign enterprises to set up shop in Djibouti?

 

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.

 

Where do infrastructure projects fit into Djibouti’s development plans, and how can these be financed in a sustainable way?

 

In 2014, President Obama and President Guelleh announced the annual US-Djibouti Binational Forum, and we held the initial round of that in 2015 in Washington. We had a very fruitful conversation there laying out a lot of the agenda. We’re following up on that agenda, I must say, speedily and effectively. The US and Djibouti are friends, and we...

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