The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as…
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as…
Having long enjoyed relative security and stability – avoiding many of the conflicts that have beset its neighbours – Djibouti has gained a valuable reputation as a safe haven in an often-troubled region, and is a key entryway to the Horn of Africa, with access to the Red Sea. Furthermore, the country is continuing to progress its long-term development policy, Djibouti Vision 2035. The plan fo
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
Djibouti’s foodstuff retail sector has traditionally been characterised by the presence of myriad small-scale, neighbourhood grocery stores, called mercato, which are frequented by the vast majority of Djibouti’s citizens. However, modern trade has started to become more significant over the past decade, with the development of several distribution groups – both international and local – which…
Given Djibouti’s economic reliance on international trade and the scarcity of natural resources, manufacturing industries have always played a secondary role in the country’s economic development. However, authorities are now looking to boost their development as a means to cut unemployment and foster more sustained and inclusive economic growth. Sector Size In line with many emerging markets…
Interview:Ahmed Osman Guelleh What potential exists for manufacturing development in Djibouti over the next five years? AHMED OSMAN GUELLEH: Strategically located, Djibouti has proven to be a beacon of stability and a gateway to more than 100m inhabitants in one of the fastest growing regions in Africa which is not dependent on oil exports. However, the region remains entirely dependent on…
Interview:Abdoulkarim Al Gamil How can Djiboutian retailers move to expand their regional footprint? ABDOULKARIM AL GAMIL: Until recently, Djiboutian retailers were predominantly focused on the domestic market. However, rising levels of purchasing parity and the emergence of a middle class have led to increased local consumption. The development of key infrastructure has resulted in easier…
Given Djibouti’s economic reliance on international trade, manufacturing industries have traditionally played a secondary role in the country’s economic development. However, authorities are now looking to drive their expansion as a means to cut unemployment, and foster more sustained and inclusive economic growth. As the gateway to East Africa, Djibouti is well positioned to supply manufactured…