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New Djibouti sea route to reduce shipping time between Turkey, Horn of Africa from 50 days to 10

Djibouti’s Ambassador to Turkey Aden Houssein Abdillahi speaks during the launching ceremony of a new shipping route at a hotel in Ankara, Turkey, Oct. 23, 2020. (Photo by Dilara Aslan)
by: DAILY SABAH The first container ship of the Djibouti Shipping Company, which will exclusively operate between Turkey, Djibouti and Somalia, was launched during a ceremony on Friday. The new sea route will reduce shipping time from 35 to 50 days to just nine to...

British long-distance runner Mo Farah Named Djibouti Ports Ambassador

British long-distance runner Mo Farah Named Djibouti Ports Ambassador
By: MoDuale British long-distance runner Mo Farah has been appointed Ambassador of Djibouti Ports and Free Zones Authority. Farah was named ambassador on the day Djibouti set up the redevelopment of the historical port into a Business district. “We are delighted to be joined by Mo Farah at...

Djibouti, nation of one million, is building the largest free trade zone in Africa

Djibouti launches Africa's largest free-trade zone. Photo Credit: Anadolu Agency
By:face2faceafrica Djibouti is capitalizing on its strategic location on one of the world’s busiest trade routes to build Africa’s largest free trade zone area. The Horn of Africa nation controls the Bab el-Mandeb (“Gate of Tears” in Arabic) which is a crucial chokepoint at the entrance to the...

IOM: ‘At least 8 migrants dead, 12 missing’ off Djibouti

In this photo taken in July 2019 a group of Ethiopians are about to board a smugglers boat | Photo: Nariman El-Mofti / AP Photo
The IOM said on Sunday that there are at least "8 migrants dead and 12 are missing at sea" after being forced off a boat by smugglers off the coast of Djibouti. The migrants were traveling from Yemen, the UN organization added. The UN migration...

Turkish investors to expand their business in Djibouti

Turkish investors to expand their business in Djibouti
BY: MODuale A delegation of Turkish investors visited Djibouti International Free Trade Zone on Monday, the delegation led by Djibouti's Ambassador to Turkey Aden Houssein Abdillahi. This delegation included Salim Metin, CEO of Corbus Steel, Fikret Kamer, the CEO de BRN BED, Sleep Products and Suleyman Turgut,...

Africa Sun, first ship owned by Djibouti Shipping Company to bolster regional trade

Africa Sun, first ship owned by Djibouti Shipping Company to bolster regional trade
By: Djibouti Ports and Free Zones Authority In April, Djibouti Shipping Company acquired its first ship, M/V Africa Sun, a common user feeder vessel with 1118 TEU capacity. Sailing with the Djibouti flag, the ship set sail from the Port of Mersin in Turkey and arrived in...

Djibouti celebrates two major milestones in boosting regional integration

Djibouti celebrates two major milestones in boosting regional integration
Djibouti Shipping Company welcomes its first ship and the Tadjourah-Balho road receives first major cargo shipment. African Sun, first ship owned by Djibouti Shipping Company to bolster regional trade. Djibouti Shipping Company’s first ship (M/V African Sun) arrived in Djibouti on 19 July and is set...

Djibouti to prepare ground for Somalia-Somaliland talks restart

EU praises resumption of dialogue between Somalia and Somaliland
By: Staff Writer Djibouti's foreign minister Mahmoud Ali Youssouf confirmed in a tweet on Tuesday that Djibouti is preparing the ground for successful negotiations between Somalia and Somaliland. Horndiplomat reports  "On the resumption of the Somalia Somaliland talks at the technical committees level, Djibouti is preparing the...

Djibouti announces the creation of the Sovereign Wealth Fund

Djibouti President Ismail Omar Guelleh who inaugurated the official opening of the East African Bank tower
By: Staff Writter The Republic of Djibouti announces the creation of the Djibouti Sovereign Fund (Fonds Souverain de Djibouti - FSD) following the enactment of a law dated 29 March 2020 and the promulgation of the implementing decrees on 24th June 2020. The creation of this fund...

OIC welcomes Djibouti’s summit between presidents of Somalia and Somaliland

Somaliland and Somalia talks
The General Secretariat of the Organization of Islamic Cooperation (OIC) welcomed the initiative taken by Mr. Ismaïl Omar Guelleh, President of the Republic of Djibouti, to host a consultative summit between Mr. Mohammed Abdullah Farmajo, the President of the Federal Republic of Somalia, and Mr. Musa...