Djibouti: Economic Snapshot 2023
Click here to read our Djibouti Economic Report and Investment Analysis 2023 online …
The Report: Djibouti 2023: Country ProfileOBGplus
Djibouti, a republic located on the Horn of Africa, is characterised by a young, urbanised and rapidly growing population, which presents opportunities for economic development. Political stability is another key strength, providing a favourable environment for domestic and foreign investment. With its advantageous location between Africa, Asia and the Middle East, Djibouti serves as a crucial centre…
How institutions of higher learning are embracing the metaverseOBGplus
In a bid to expand access, education is increasingly exploring the possibilities of the metaverse and extended-reality (XR) approaches. The former comprises a range of technologies that immerse users in a virtual environment. It denotes a 3D medium that combines virtual reality (VR) and augmented reality (AR) into a new digital realm, sometimes known as XR. These environments are accessed through VR…
How global authorities can address health risks of plastic wasteOBGplus
With many emerging markets still facing high levels of plastic waste three years into the Covid-19 pandemic, solutions are being developed to address its environmental and health challenges. Plastic – which accounted for 12% of global solid waste pre-pandemic, according to the World Bank – took on a more prominent role as personal protective equipment and single-use plastics by delivery food services…
How sustainable tourism fueled a post-Covid-19 pandemic recoveryOBGplus
The global tourism industry – which accounted for 10% of GDP and 8% of global emissions in 2019 – is faced with the challenge of ensuring continued growth while working towards net-zero emissions goals. Several stakeholders in emerging markets and further afield offer useful case studies to understand what a decarbonised future for the industry could look like. The global tourism industry faces…
Green initiatives boost business and leisure tourism in DjiboutiOBGplus
The government outlined tourism as a key sector in the Djibouti Vision 2035 development strategy, focusing on further developing the business tourism sector as well as boosting the country’s reputation as a leisure tourism destination, supported through the establishment of ecotourism offerings over the next decade. Business Tourism Around 98% of current visitors travel for business purposes, a…
How can locally produced building materials boost Djibouti constructionOBGplus
Facilitating access to locally produced construction inputs forms part of the government’s long-term development agenda, Djibouti Vision 2035. The blueprint prioritises the industrial production of construction inputs, alongside other building materials, to meet the needs of the local market for construction and public works. Such developments could help reduce the reliance on imports and lower building…
How green practices can lower emissions in constructionOBGplus
Amid efforts to reduce the carbon footprint associated with the construction industry, there is increasing recognition of the benefits of sustainable and regenerative architecture as a means of lowering emissions. According to the “2022 Global Status Report for Buildings and Construction” report published by the UN Environment Programme (UNEP), the sector is one of the world’s biggest polluters…
How governments counter rise in cyberthreats with shift to remote workOBGplus
Russia’s invasion of Ukraine in February 2022 caused disruptions across the global economy, prompting an increase in the number and sophistication of cyberattacks. According to a poll of 800 chief audit executives conducted by the UK-based Chartered Institute of Internal Auditors, 77% of respondents thought the war in Ukraine had elevated cybersecurity and data-security risks. Senior cybersecurity…
How diverse industries can fund sustainable developmentOBGplus
As companies look to shift towards more environmentally sustainable operations, those in fossil fuel or heavy-polluting sectors are increasingly turning to transition bonds – a relatively new class of debt instrument used to fund a company’s shift towards reduced environmental impact or lower carbon emissions. They are often issued in large carbon-emitting industries that would not normally qualify…
