What is the African Energy Outlook 2020? A comprehensive overview of the oil and gas sector across sub-Saharan Africa, with a focus on the strategic, operational and investment trends in the industry. Key insights Strategic: The low oil price environment is forcing African producers to sharpen their competitive edge. Several governments, including Angola, Gabon, and […]
Category Archives: Djibouti News
Djibouti News
Djibouti News, Eritrea News, Ethiopia News, Main, Somalia News, Sudan News
Friday@Noon on the Horn of Africa: 2018
by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The Horn of Africa has increasingly become the scene of activity, driven not only by players in the region, but also from abroad. For the purposes of […]
Djibouti News
The problem of DP World Limited with Specifics of Local Business in the Republic of Djibouti
Since DP World Limited and the Republic of Djibouti signed a major contract and came to an agreement regarding the rights over port and free zone facilities within Djibouti, container handling facilities included, things were pretty hunky-dory. DP world constructed a container terminal at Doraleh and the joint ownership of Djibouti’s entity PDSA and DP […]
The footprint of Islamic banking in Africa is set to expand further as the continent seeks to deliver on the economic and strategic opportunities provided by Shariah-compliant financing. Sukuk has emerged as a viable and strong source of attracting international funding for infrastructure projects in Africa and the continent has recently witnessed a surge of […]
Despite its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa region.The Horn of Africa, with an estimated population of over 160 million people, is perched […]
African News, Djibouti News, Main, Zambia News
How Djibouti like Zambia is about to loose its port to China
One such African country that is exhibiting all the red flag signals of going Sri Lankan and now Zambian way is Djibouti Beijing’s cumulative loans to Africa since 2000 amounted to $124-billion by 2016, according to figures compiled by the China-Africa Research Initiative (CARI). Djibouti is projected to take on public debt worth around 88 […]
African News, Djibouti News, Ethiopia News, Kenya News, South Sudan, Sudan News
The Secret Chinese Arms Trade in the Horn of Africa
China is actively positioning itself as a major supplier of arms to the African continent and is stepping up its shipments of weapons to conflict zones through Djibouti in the Horn of Africa. EXX Africa (https://www.EXXAfrica.com) published a special report on the secret Chinese arms trade in the Horn of Africa. Beyond the commercial objective of increasing sales […]
African News, Djibouti News
The trade of illegal weapons implicates senior government officials in Djibouti – Report
EXX Africa (EXXAfrica.com) published a special report on the arms trade in the Horn of Africa. The trade of illegal weapons implicates senior government officials in Djibouti, which suggests that the Doraleh port terminal, which is now under government control and suffers from porous customs checks, will increasingly be leveraged as an arms trade hub. However, […]
The reluctance of western and other powers to act against Djibouti’s increasing arms trafficking activities poses an existential threat to the security of the Horn of Africa and imperils ongoing efforts to end long-running conflicts in the region EXX Africa (EXXAfrica.com) published a special report on the arms trade in the Horn of Africa. The trade […]
“Djibouti does not recognise the international rule of law” Today’s statement by the Djibouti government states that it does not acknowledge the decision of the London Court of International Arbitration demonstrates that Djibouti does not recognise the international rule of law. The Court’s decision upholding the continuing validity of the Concession is based on recognised […]
On February 22, 2018, the State of Djibouti terminated the concession for the Doraleh container terminal, awarded in 2006 to Doraleh Container Terminal (DCT), a company controlled de facto by the minority shareholder DP World. The implementation of this concession contract has proved to be contrary to the fundamental interests of the Republic of Djibouti. […]
The African country houses a key U.S. military base, making it a particular concern for Washington Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay […]
A new Silk Road running between China and Africa promises a boost in trade for Beijing. Long focused on commercial activities, the Chinese government is now expanding its remit to bolster military relations and pursue subtler, soft-power strategies across the continent. But, as the U.S. retreats, what tools will Beijing use—and should the West be […]
WASHINGTON D.C., United States of America, July 5, 2018/APO Group/ — Distributed by APO Group on behalf of U.S. Representative Bradley Byrne.
Djibouti News, Main
Djibouti’s many international investment projects set a new pace for economic emergence
On 22 February, the Republic of Djibouti (Presidence.dj) terminated the DCT (Doraleh Container Terminal) concession, in which DP World is a shareholder and operator. This decision was taken after numerous unsuccessful attempts to get DP World to renegotiate a contract that was clearly contrary to the fundamental interests of the nation. This termination is a […]
EXX Africa (ExxAfrica.com) published a special report on the country’s investment outlook on 24 May 2018. At first sight, Djibouti seems to be an attractive investment destination in an otherwise troubled Horn of Africa region. The country’s apparent political stability is assured by the presence of multiple foreign military bases and relatively low exposure to regional security threats. Djibouti’s strategic location […]
Djibouti 2017 opened today with more than 250 Islamic finance leaders seeking to capitalize on the surge in new Sukuk opportunities across Africa Held under the Patronage of the President of Republic of Djibouti and hosted by The Central Bank of Djibouti, the International Islamic Banking Summit Africa 2017 convened global industry leaders to boost […]
World’s best travel guidebook is at it again with its ever-controversial list of places to indulge for the year coming. As usual, this is not the buzzfeed, cookie-cutter kind of edition, but rather picks caves and valleys, dens and dines off the beaten path, yet with an experience to the end of the galaxy and […]
Islamic finance leaders from across Africa, the Middle East and beyond set to gather in Djibouti to tap into Sukuk opportunities and drive new growth momentum for Islamic finance in Africa Held under the Patronage of the President of Republic of Djibouti and hosted by The Central Bank of Djibouti, the International Islamic Banking Summit […]
Despite being in the early phases of development, the Islamic finance industry in Africa is fast gaining the attention of key stakeholders including central banks & regulatory authorities, as well as the leading international Islamic financial institutions and investors seeking to tap into high-growth opportunities on the continent August 2017, DJIBOUTI: The footprint of Islamic […]
“The authorities should advance rapidly with critical reforms aimed at translating investment into strong, inclusive, and job-creating growth,” says the IMF’s mission chief for Djibouti Eric Mottu. The small state in the arid Horn of Africa, neighboring land-locked Ethiopia, largely depends on its deep-water harbor. The country is expanding its transportation and utilities infrastructure to […]
The Islamic finance industry offers a number of key value propositions to markets in Africa as government agencies, international Islamic financial institutions, as well as emerging local players and central banks seek to tap into the opportunities that will drive vital economic development priorities on the continent 02nd November 2016, DJIBOUTI: Enabling industry leaders from […]
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