Although the ICT sector remains largely dominated by the state-run operator, it has nonetheless received sustained investment in mobile networks, submarine cable connections and infrastructural upgrades. This, combined with government efforts to bolster the role of ICT in development plans, provides multiple investment opportunities in the industry. Challenges surrounding coverage in rural areas…
Economic activity in the country is dominated by the tertiary sector – representing roughly 80% of GDP – while the primary sector remains underdeveloped due to an unfavourable natural climate and geography. However, while industry accounts for less than one-fifth of GDP, investment in free trade zones and port facilities is expected to lead to more robust growth in the sector in the coming years.…
Large investment volumes have been stimulating construction activity, notably in port expansions, road development and the establishment of new power stations. These projects are expected to drive growth in both the sector and the overall economy. In addition, the need to improve living conditions for the country’s population is providing motivation for a range of urban projects. Hence, the authorities…
After being dependent on energy imports to balance its insufficient domestic generation for a long time, Djibouti is now looking to completely transition its electricity production towards domestic renewable energy. Geothermal, wind and solar projects are being implemented, with the goal of reaching 100% renewable energy generation by 2020. Not only would this help diversify the economy by developing…
Situated on the Horn of Africa at the entrance of the Red Sea on the strait of Bab el Mandeb and overlooking routes linking Europe, Africa, the Middle East and Asia, Djibouti aims to further leverage its unique location among important routes of commerce to become an international trade hub. The country is investing in new transport infrastructure, developing ports and airports, extending road networks…
With new promotional campaigns and its popular “Djibeauty” slogan, the country has garnered positive attention from international media and received prestigious accolades in recent years. As outlined in the Djibouti Vision 2035 strategy, the government’s national development policy launched in 2014, economic diversification beyond trade will rely heavily on the country’s ability to sustainably…
Djibouti’s economic growth, based to a large degree on capital investment in infrastructure development and logistics, has been underscoring the expansion of its banking system. Since liberalisation of the sector in 2006, a number of new financial institutions have set up shop in the country, hoping to take advantage of its growing role as a regional transport and financial hub. With a population…
Meeting the health care needs of Djibouti’s citizens in both concentrated urban areas and diffuse rural populations has led to differentiated policies based on region. To achieve the goal of universal coverage, the government has committed to improving health care access in the inner regions, providing care to vulnerable populations and boosting coordination with global partnerships in support of…
Building on consecutive years of robust headline growth, Djibouti has been able to leverage its geographic position to specialise in transport and logistics operations. This has brought integration with global commerce routes and an increase in infrastructure investment. However, to create a more reliable mechanism for poverty reduction and job creation, further improvements to the operating environment…
