Djibouti

By Nizar Manek Deal politically endorsed while details pending, minister says Landlocked Ethiopia views tiny Red Sea state as key partner Ethiopia and Djibouti agreed to swap stakes in strategic public enterprises including airlines, ports and telecommunications companies, as the...

ADDIS ABABA, May 1 (Reuters) - Ethiopia will take a stake in the Port of Djibouti, its main gateway for trade, under a deal reached between the two countries, state media outlets said on Tuesday. Djibouti had been seeking investors for its port since it...

The first in a series of regional maritime security courses, funded by the Government of Japan, has been held at the Djibouti Regional Training Centre (DRTC). During a five-day workshop (22-26 April 2018), officials from 10 countries* were able to learn about and share...

Washington, April 25, 2018 – The World Bank announced today new support for Djibouti’s ongoing efforts to leverage digital technology to bring government closer to citizens and improve the impact, transparency and efficiency of its public administration. With a US$15 million credit from IDA, the...

The US military warned Friday that pilots near Djibouti airspace should exercise “extreme caution,” as high-powered lasers are reportedly emanating from near China’s naval base there. "There have been multiple lazing events involving a high powered laser in the vicinity of N1135.70 EO4303.14," US aviation safety officials...

Abdur Rahman Alfa Shaban The United States Department of State on Saturday announced that a top official on African Affairs was due to tour three East African countries between April 22 – April 26. Principal Deputy Assistant Secretary for African Affairs Ambassador Donald Y. Yamamoto will...

Which country’s currencies elicit shivers of pleasure, exchange rates be damned? For the second year in a row, the Swiss franc wins for its svelte stacks. The annual contest for the best banknote of the year, run by the International Bank Note Society (IBNS), has...

fter the seizure of a port facility by the Djibouti government, questions arise about the safety of investing in Africa.  Following a legally dubious seizure of the Doraleh Container Terminal and the abrupt termination of DP World’s contract by the Djibouti authorities at the end of February,...

Khartoum, Mar 30 (Prensa Latina) The Government of Sudan announced that an economic coalition will be created among the countries of the Horn of Africa during a summit of its member countries on April 12th. The summit will be held in this capital city...

ABIDJAN, March 27 (Reuters) – Djibouti’s port authority is in talks with French shipping company CMA CGM to develop a new $660 million container terminal and hopes to award the concession in July. Aboubakar Omar Hadi, chairman of the Djibouti Ports and Free Zone Authority...