As hydrocarbons forms the backbone of Kuwait’s economy, the resurgence in global commodity markets bodes well for the future and has led to a renewed sense of optimism. The recovering market is also supporting the government’s diversification efforts under the auspices of the Kuwait National Development Plan, or New Kuwait.
Thanks to its privileged geographical position in the Horn of Africa, Djibouti enjoys a number of significant assets and plays a major role as the eastern gateway to the African continent. Its position at the crossroads of Africa, Asia and Europe, reinforced by political stability and social peace, has enabled the country to attract both local...
On November 8 2017 the National Assembly adopted the Law No. 202/AN/17/7th on strategic infrastructure contracts. The law gives the government the power to renegotiate or, if necessary, terminate infrastructure contracts when it considers that they are contrary to Djibouti’s fundamental economic and social interests. This law also applies to...
This chapter introduces the reader to the different aspects of the legal system in Djibouti, in partnership with Cabinet Guérinot. It also contains a viewpoint with Melanie Guérinot, Lawyer and Managing Director, Cabinet Guérinot.
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.
Alongside its high degree of political stability and favourable economic climate, Kenya’s modernised legal system is a factor in its ranking in the World Bank’s “Doing Business 2018” report, in which it placed third in sub-Saharan Africa – after Mauritius (25th) and Rwanda (41st) – and 80th globally.
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