Purchase OBG Publications

Displaying 37 - 42 of 2978 results

Chapter | Energy from The Report: Djibouti 2018

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 a new industry, it will also support the creation of related ones, such as domestic light manufacturing, by providing low-cost energy. However, improvements in energy generation and distribution also need to be framed through the benefits they can bring to domestic businesses. High electricity costs remain one of the barriers most frequently cited by private sector operators, and one that could be addressed through more efficient generation and distribution methods. This chapter contains an interview with Yonis Ali Guedi, Minister of Energy and Natural Resources.

Chapter | Transport & Logistics from The Report: Djibouti 2018

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 and easing cargo traffic with neighbouring Ethiopia through a railway connection inaugurated in January 2018. At the same time, increasingly modern facilities are removing bottlenecks and improving Djibouti’s position as a gateway for other landlocked countries in the region. However, maintaining momentum and, more broadly speaking, the economy’s positive performance will also require the diversification of economic partners. This chapter contains an interview with Aboubaker Omar Hadi, Chairman, Djibouti Ports and Free Zones Authority.

Chapter | Tourism from The Report: Djibouti 2018

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 develop its tourism offerings. While there has been some success in boosting investment in infrastructure, which is key to facilitating tourism, the country still has a long way to go in terms of improving international connectivity and domestic accessibility for it to become a top tourist destination. This chapter contains an interview Osman Abdi Mohamed, Director-General, National Tourism Office of Djibouti.

Chapter | Financial Services from The Report: Djibouti 2018

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 of approximately 900,000 inhabitants as of mid-2018, the country’s domestic financial services market remains small. However, the low level of banking penetration can also be seen as an opportunity for growth, both in terms of new customer acquisition and product sophistication. This chapter contains interviews with Ahmed Osman Ali, Governor, Central Bank of Djibouti; and with Nadhir Zouaghi, President, Professional Association of Credit Institutions.

Chapter | Health & Education from The Report: Djibouti 2018

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 its Vision 2035 development strategy, which is prioritising investment in human capital through education and health care. This will build upon the comprehensive overhaul of the Djiboutian education system in 2000, which helped provide 80% of the population with access to education by 2016. Efforts to close the gap for the remaining 20% continue to be the object of significant outreach projects conducted by the government in tandem with international development organisations. This chapter contains an interview with Moustapha Mohamed Mahamoud, Minister of National Education and Vocational Training.

Chapter | Economy from The Report: Djibouti 2018

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 are needed. Nevertheless, the country is well placed for continued growth over the coming years, which could be aided by a better interconnection between the domestic business sector and the foreign investments reshaping Djibouti’s transport infrastructure network. This chapter contains interviews with Ilyas Moussa Dawaleh, Minister of Economy and Finance; Mohamed Aramis, Minister of Decentralisation; and Ouloufa Ismail Abdo, Director, Djibouti Office of Industrial and Commercial Property.