Djibouti

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The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....

 

The economic and commercial relationship between Djibouti and Ethiopia is becoming increasingly interlinked, with the two countries recently signing a deal that will allow for the export of Ethiopia’s gas resources through its neighbour maritime trade routes. Although Djibouti already handles the majority of imports to Ethiopia, the planned...

 

In an effort to capitalise on its strategic position at the entrance to the Red Sea, significant efforts to modernise Djibouti’s maritime infrastructure are being undertaken. Providing landlocked Ethiopia, which was ranked as Africa’s fastest-growing economy by the IMF in April 2018, with a connection to one of the busiest shipping lanes for...

How does Djibouti’s energy and natural resources policy support its economic development?

 

Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...