A strategic geographical position in the crossroads of global internet connections has set Djibouti up with a unique opportunity to serve as an ICT gateway between the major regions of the world. Although the telecoms sector remains largely dominated by state-run operator Djibouti Telecom, it has nonetheless received sustained investment in...
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.
Although the ICT sector remains largely dominated by the state-run operator, it has nonetheless received sustained investment in mobile networks, submarine...
Located at a juncture between Africa, the Middle East and Asia, Djibouti has easy access to international trade routes via the Gulf of Aden and the Red Sea, and borders fast-growing yet landlocked Ethiopia, making it an ideal continental hub. New ports, railway links and road improvement projects are enhancing economic efficiencies and providing a solid platform to bolster expansion in sectors.
Growth in mobile payments reached 8% in 2017, according to the Central Bank of Kenya (CBK). While steady, this was slower than in 2016 and 2015, when industry growth was 19% and 17%, respectively. Industry stakeholders reported that muted consumer spending was partly due to lower-than-expected economic growth.
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