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Overview

Fintech solutions drive the evolution of the global financial services sector
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Once reserved for ambitious start-ups and industry-leading operators, financial technology (fintech) has caught the attention of private sector firms and government planners alike, becoming a regular feature in budget speeches and development plans. As fintech plays a larger part in the lives of consumers, investors have come to recognise its growth potential. Tech-focused Janus Henderson Global…

Overview

Tech solutions are driving the evolution of the financial sector landscape
OBG
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Once reserved for ambitious start-ups and industry-leading tech operators, financial technology (fintech) has more recently caught the attention of major private sector firms and government planners alike, becoming a regular feature in budget speeches and strategic development plans. As fintech progressively plays a larger part in the lives of consumers, investors have quickly come to recognise…

Overview

The world gears up for the next industrial revolution
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The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as…

Overview

Economies around the world prepare for the next industrial revolution
OBG
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The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as…
Economic Roundups

How close is Africa to meeting its sustainable economic growth objectives?

Africa has undergone significant changes since the turn of the century thanks to structural and policy reforms, promises to unlock the continent’s economic fortunes and higher levels of foreign investment. As a result of that, Africa has witnessed significant economic expansion, rising foreign direct investment (FDI) levels, and major improvements in a number of social indicators from schooling to…
Country Report

The Report: Djibouti 2018
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Having long enjoyed relative security and stability – avoiding many of the conflicts that have beset its neighbours – Djibouti has gained a valuable reputation as a safe haven in an often-troubled region, and is a key entryway to the Horn of Africa, with access to the Red Sea. Furthermore, the country is continuing to progress its long-term development policy, Djibouti Vision 2035. The plan fo

Analysis

Djibouti's cultural sites, natural attractions and long-standing stability increase its tourism potential
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As the first African city to be named the World Capital of Culture and Tourism by the European Council on Tourism and Trade (ECTT) in April 2018, Djibouti City is increasingly on the radar of travellers. Djibouti’s win is not only due to its natural landscapes and marine ecosystems, but also to the concerted marketing efforts that have promoted it as a destination. The ECTT distinction is…

Analysis

Legislative reform and low-income housing construction initiatives in Djibouti to attract greater private investment
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Several social housing projects have been launched in Djibouti as the country looks to accelerate construction and attract more private investment to meet rising demand. In early July 2018 President Ismaïl Omar Guelleh laid the first stone for the construction of 1000 low-income housing units in Balbala, a southern suburb of Djibouti City. The project, funded by China Merchants Holding, was…

Analysis

Digital dividend: A sweeping e-government programme aims to lower costs, boost access and increase efficiency in public administration
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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 from the World Bank. The project aims to establish…

Analysis

Forging ahead: Harnessing long-term development strategies to diversify the economy and boost employment
OBG
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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 country into a middle-income nation. The policy aims…