Interview:Robleh Mohamed Barreh How have events that impacted the global economy affected the transport and logistics industry? ROBLEH MOHAMED BARREH: Three key factors have affected Djibouti’s transport and logistics industry: oil price increases, the Covid-19 pandemic and production restrictions in China. These elements together have resulted in significant inflation in the sector. Most of…
Interview:Aboubaker Omar Hadi How critical is the green transition of ports to the consolidation of Djibouti as a maritime centre? ABOUBAKER OMAR HADI: The global transport sector is the second-highest contributor to greenhouse gases after fossil fuels. With 80% of worldwide trade carried by the sea, given the country’s location on the second-busiest sea trade route green initiatives undertaken…
Situated on the Gulf of Aden on the Horn of Africa, Djibouti serves as a vital trade centre for the Middle East and East Africa. With several major ports, it connects landlocked Ethiopia and its neighbours to major trade routes to Europe and Asia. Transport and logistics has been recognised by the government as a strategic sector for growth and has helped Djibouti attract increased international interest…
The government has identified the development of the transport and logistics sector as key to job creation and economic diversification. The authorities have enacted several reforms to encourage private investment in Djibouti’s transport infrastructure and related industries in line with Djibouti Vision 2035, a long- term development plan aimed at transitioning the country into a middle-income economy. Country-wide…
Amid rising inflation and debt levels in emerging markets, in June 2022 G7 leaders pledged to raise $600bn in private and public funds over five years to finance infrastructure in developing countries and counterbalance the influence of China’s Belt and Road Initiative (BRI). The Partnership for Global Infrastructure and Investment (PGII) seeks to address many of the long-term global challenges related…
Multi-modal freight is becoming increasingly popular, seen as an efficient means to enhance trade with landlocked countries across continents. It has been found to increase efficiency and decrease costs when compared to traditional transport. It is optimal for countries such as Djibouti that offer vital trade links from seaports to landlocked countries through rail, road and air links. Situated on…
As environmental concerns become increasingly pressing for governments and businesses alike, the shipping industry is taking steps to reduce its carbon footprint. In August 2021 Danish shipping company Maersk, the world’s largest container shipping line, announced that it had invested $1.4bn in eight new vessels to be powered by methanol, rather than oil-based fuels. The ships, expected to be delivered…
By leveraging its strategic location on the Horn of Africa and as a gateway to key landlocked countries such as Ethiopia, Djibouti is well-positioned to act as a nexus of trade between Africa, Asia and the Middle East. The government's Djibouti Vision 2035 strategy outlines key initiatives to attract foreign direct investment, boost social and human capital development, improve private sector enga
