Djibouti Economy Infographic 2016: 4 Avenues to Expansion
16 Mar 2016
Djibouti is focusing on infrastructure improvements and a gradual diversification of its economy, both of which will require considerable foreign investment over the coming years, as well as a careful balancing of the state budget.
Transport: Connecting The Region - More than $14bn worth of new airports, pipelines, port facilities, roads and railways are under construction.
Energy: Sustaining Production - Electricity consumption has increased by some 75% in the past 10 years. A series of geothermal, solar and wind energy projects are under way to increase electricification nationwide.
Telecoms: Going Digital - In the fourth quarter of 2015, 314,350 people made use of mobile services, up from 285,904 one year earlier.
ICT: Getting Online - Over the past two years, more than $100m has been invested in gateway connections, with the country now linked to six submarine data cables.