Economy

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...

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,...

ETIQUETTE: In business meetings across Djibouti it is customary to exchange greetings and shake hands. However, in some cases women prefer not to shake hands; it is therefore best to wait for an indication from the person herself. Relationship building and creating a network is important in the...

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