Africa Economy

A key entryway to the Horn of Africa, Djibouti’s strategic location at the confluence of the Red Sea and the Indian Ocean, combined with its historic links to Europe, the Arabian Peninsula, East Africa and Asia, make it a unique crossroads for international culture and trade. A country of diverse traditions and landscapes, Djibouti is very...

Djibouti’s GDP growth of 6.7% in 2017 was primarily due to government efforts to overhaul the economy under the auspices of its flagship national development blueprint, Djibouti Vision 2035. The plan’s aim is to transform the country into a middle-income economy, as well as a regional transport and logistics hub, and it seems to have been...

To help the country’s public administration adapt to an increasingly globalised economy, Djibouti is embarking on a programme to digitalise its government services. The scheme, known as the Public Administration Modernisation Project, was launched in April 2018, with a four-year implementation period, and will be supported through a $15m loan...

Like many of its African peers, Djibouti’s economy has performed positively in recent years, with GDP growing by 6.7% in 2017. The country owes this performance primarily to government efforts since 2014 to overhaul the economy, mainly via its flagship national development blueprint, Djibouti Vision 2035. The plan’s overarching aim is to transform...

Located at a juncture point between Africa, the Middle East and Asia, Djibouti’s geography has become its principal economic advantage. Easy access to international trade routes via the Gulf of Aden and the Red Sea, as well as its border with fast-growing yet landlocked Ethiopia, make it an ideal continental hub to transport goods. New ports,...