Djibouti, a small East African country of about 900,000 people that has few natural resources, relies heavily on international trade for both basic needs and industry inputs. Economic activity in the country is dominated by the tertiary sector – representing roughly 80% of GDP – while the primary sector remains underdeveloped due to an...
The economic and commercial relationship between Djibouti and Ethiopia is becoming increasingly interlinked, with the two countries recently signing a deal that will allow for the export of Ethiopia’s gas resources through its neighbour maritime trade routes. Although Djibouti already handles the majority of imports to Ethiopia, the planned...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
In an effort to capitalise on its strategic position at the entrance to the Red Sea, significant efforts to modernise Djibouti’s maritime infrastructure are being undertaken. Providing landlocked Ethiopia, which was ranked as Africa’s fastest-growing economy by the IMF in April 2018, with a connection to one of the busiest shipping lanes for...
Although it remains a relatively small market with only two players, insurance in Djibouti continues to align with economic development. Most of the sector’s business is driven by the automotive line; however, new economic activities are expanding the market’s offerings. International cooperation with Djibouti’s neighbours has improved, as...
Djibouti’s geographic position and arid climate have made water access intrinsically difficult. The challenges are more clearly visible in rural areas, where communities dependent on small agricultural activity and husbandry have trouble securing sufficient water resources. However, several projects are under way to improve water access across...
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