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Interview

Osman Abdi Mohamed, Director-General, National Tourism Office of Djibouti: Interview
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Interview:Osman Abdi Mohamed What natural and cultural characteristics make Djibouti an attractive place to visit in the region? OSMAN ABDI MOHAMED: Given Djibouti’s geographical and cultural attributes, tourism is an increasingly important sector for economic development in the country. In addition to being named world capital of tourism and culture by the European Council of Tourism and…
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Amina Abdi Aden, Delegate Minister of Housing: Interview
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Interview:Amina Abdi Aden What are the main priorities when it comes to supporting the Year of Housing project? AMINA ABDI ADEN: President Ismaïl Omar Guelleh designated 2018 as the Year of Housing with the aim of intensifying the development of real estate projects and the construction of social housing. This measure is in line with the national housing policy, which aims to solve the…
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Mohamed Assoweh Bouh, Director-General, Djibouti Telecom: Interview
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Interview:Mohamed Assoweh Bouh How do you expect the recent launch of LTE Advanced in Djibouti to affect the sector? MOHAMED ASSOWEH BOUH: Djibouti inaugurated its new LTE Advanced mobile network in June 2018. This technological leap is expected to enhance connectivity and boost access. Deploying a new mobile network, however, is no easy task. Nevertheless, we have been able to overcome one…
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Boosting infrastructure: Justin Yifu Lin, Director, Institute of New Structural Economics, Peking University, on Chinese investment in Africa
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How successful have China’s efforts to move beyond aid in Africa proved thus far? LIN: China has been investing in African countries mostly in infrastructure, and such investment certainly helps the continent pave the foundation for future growth. Infrastructure is a long-term investment, but even with the limited time spent we are already witnessing some major changes, especially in some…
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Bridging the gap: Ali Guelleh Aboubaker, Minister of Investment, on investment diversification, the one stop shop and regional trade links
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What is Djibouti’s long-term investment strategy? ABOUBAKER: Our strategy focuses on high value-added investments that support inclusive growth and create jobs. Djibouti has set the objective to become a middle-income nation by 2035, which we are convinced is achievable, provided that economic and social policies rationally target all citizens. To this end, Djibouti must continue to work to…
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Greater engagement: Ahmed Osman Ali, Governor, Central Bank of Djibouti, on the country’s increasingly sophisticated banking sector
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What are the main achievements of Djibouti’s financial sector in recent years? OSMAN ALI: Djibouti’s financial sector is comprised of 12 banks with increasingly active portfolios across a number of sectors. The rise in financial services activity after reforms in the early 2000s has led to the implementation of a rigorous regulatory framework. The country has a monetary system that provides…
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Growth model: Ilyas Moussa Dawaleh, Minister of Economy and Finance, on a transition to digital paving the way to prosperity
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How do you assess the launch and implementation of Djibouti Vision 2035? DAWALEH: Djibouti Vision 2035 established a long-term development strategy to transform the economy and leave behind traditional services that cannot and will not be able to provide sufficient jobs for the workforce. In order to enhance its strategic position, Djibouti has embarked on major economic programmes that have…
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Gateway to Africa: Aboubaker Omar Hadi, Chairman, Djibouti Ports and Free Zones Authority, on East Africa’s largest free trade zone, and its relevance for Djibouti and the wider region
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What kind of opportunities will the opening of the new Djibouti International Free Trade Zone (DIFTZ) bring to the country? HADI: Djibouti’s strategic location makes it an important gateway to dynamic African markets, particularly as it lies on two of the world’s busiest maritime routes. Global trade continues to post strong growth, and as 90% of it is transported by sea, Djibouti is already…
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Sustainable development: Ouloufa Ismail Abdo, Director, Djibouti Office of Industrial and Commercial Property (Office Djiboutien de la Propriété Industrielle et Commerciale, ODPIC), on boosting investment
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After one year in operation, how would you assess the country’s one stop shop trade portal? ISMAIL ABDO: The Single Window (guichet unique, GU) development was the best way for Djibouti to prove and showcase its commercial readiness to investors. Djibouti wants to present itself as a service-oriented commercial location, and the GU is one element that has helped the country develop a comparative…
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Room to grow: Nadhir Zouaghi, President, Professional Association of Credit Institutions, on balancing priorities to foster growth
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How can Djibouti’s banking sector further support incoming foreign investment? ZOUAGHI: In recent years Djibouti’s economy has experienced average annual growth of 7%. This expansion is advantageous for all the players in the Djiboutian economy. Both market dynamism and foreign direct investments have a positive impact on productivity, consumption, purchasing power and financing, in addition…