From The Report: Djibouti 2016
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Although Djibouti benefits from an array of renewable resources, the country was a net energy importer as of early 2016 and has set itself some ambitious goals to improve domestic supplies. The energy sector is a key element of the country’s long-term development plan, known as Djibouti Vision 2035, which identifies energy access and security for its 875,000-strong population as strategic goals, as well as central to expanding manufacturing and industrial activities. The plan sets forth the ambitious target of meeting 100% of Djibouti’s energy demand through renewable sources by 2020. While keeping pace with growing energy needs will remain a key challenge in the years ahead, several factors are likely to prompt a significant redefining of Djibouti’s energy sector over the long term. With considerable renewable energy resources for the size of its economy, there is real potential for Djibouti to reach its goal of self-sufficiency, reducing energy costs for businesses and benefitting the economy as a whole. This chapter contains interviews with Gregory Meneses, Managing Director, Black Rhino; and Houssein Ahmed Houssein, General Manager, Horizon Djibouti Terminals Limited.