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Interview

Cecilia Malmström, European Commissioner for Trade: Interview
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Interview:Cecilia Malmström What steps can be taken to ensure that current EU-ASEAN free trade agreement (FTA) negotiations do not end in another impasse? CECILIA MALMSTRÖM: During the 13th ASEAN Economic Ministers-EU Trade Commissioner Consultations held in Kuala Lumpur on April 26, 2015, all parties agreed that events had moved on since the negotiations had been put on hold, and there was…
Interview

Ajay Kanwal, Regional CEO, ASEAN and South Asia, Standard Chartered: Interview
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Interview:Ajay Kanwal What do you see as the distinguishing characteristics of the banking landscape in South Asia? AJAY KANWAL: Sentiment in South Asia continues to be very positive as GDP growth, credit expansion, consumer confidence and public infrastructure spending increases across the region. In its role as a financial intermediary, banks have played a pivotal role in enabling this growth.…
Economic News

Djibouti s’associe à la Chine en vue de développer les infrastructures locales et les routes commerciales internationales
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In English Un accord visant à rationaliser le système douanier de Djibouti a récemment été signé entre la Chine et le pays est-africain, qui espère ainsi consolider sa position de centre logistique et commercial de la région. Cet accord intervient alors que Djibouti draine des investissements à hauteur de 14 milliards de dollars – dont plus d’1 milliard de dollars sous la forme de…
Economic News

Réforme du secteur bancaire à Djibouti
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In English L’autorité de réglementation du secteur bancaire de Djibouti a dévoilé un ensemble de réformes avec l’objectif d’améliorer l’efficacité et la santé des bailleurs du pays et développer les services financiers islamiques. Avec un lancement prévu cette année, ces réformes seront axées sur l’efficacité opérationnelle avec l’établissement d’un nouveau système…
Economic News

Djibouti : l’expansion du réseau de télécommunications en ligne de mire
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In English Les efforts réalisés pour propulser Djibouti au rang de hub des télécommunications de l’Afrique de l’Est portent leurs fruits grâce au nouvel atterrissement d’un câble sous-marin intercontinental. Initié par un consortium, ce projet sera suivi d’un deuxième câble d’ici à la fin de l’année. Début mars, l’entreprise publique Djibouti Telecom a annoncé le raccordement…
Event

Oxford Business Group launches first-time report on Djibouti’s economy

The Report: Djibouti 2016 explores the country’s ongoing efforts to carve a niche as a key trading hub, while capitalizing on its strategic location, especially its proximity to neighboring Ethiopia. It also shines a spotlight on the young nation’s major infrastructure drive, which includes $14bn worth of construction and development across the transport sector that will help to strengthen regional…
Event

Global African Investment Summit London

OBG's Managing Editor for Africa Rob Tashima moderated the 'Investment trends in African Infrastructure' panel at The Global African Investment Summit London - 2015. According to Deloitte African Construction Trends report, 2013 and 2014 exhibited a 46.2% growth in mega project construction value at more than US$50 million. Energy and power accounted for 37% of the number of mega projects undertaken…

Country Report

The Report: Djibouti 2016
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Economic developments are paving the way for Djibouti to better exploit its geographic position. Through the mobilisation of large-scale investments, authorities are leveraging natural resources, an increasingly business-friendly environment and monetary stability to ensure sustainable growth for decades to come. Thus far the country has managed to successfully maintain a robust growth rate in spi

Analysis

Djibouti's foreign policy targets developing ties with neighbours and global economic powers
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Djibouti is a small country in an often turbulent neighbourhood. Much of its foreign policy since independence has been based on the dual goals of maintaining sovereignty and promoting development within its borders. However, over the past decade, the country has played an increasingly central role in regional diplomacy, not only for its strategic location – which has allowed it develop close ties…

Analysis

Developing ties with Ethiopia key to Djibouti's future prosperity
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A good neighbour policy often makes for an appealing sound bite but in practice – as countries from Turkey to the US have found – it can prove extremely difficult. However, Djibouti has managed to develop a canny strategy towards its neighbours in order to ward off threats to its stability and ensure prosperity. Bordered by Ethiopia and Eritrea – two countries with a chequered history of conflict…