Economy

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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...

 

Despite myriad benefits from its inherently advantageous geographic location, Djibouti’s medium-term economic trajectory will largely depend on its strategic planning and the availability of financial resources. With this in mind, in 2013 the authorities launched Djibouti Vision 2035, a long-term development plan aimed at transitioning the...

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,...

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