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Djibouti Officially the Republic of Djibouti, Djibouti is bordered by Ethiopia to the west and south, Somalia to the southeast, and Eritrea to the north. It is in the Horn of Africa and also borders the Gulf of Aden and the Red Sea with a population of 1,168,722. History Djibouti’s history dates to thousands of […]
...Djibouti’s Caisse Nationale de Securité Sociale (CNSS) has invested an additional USD 5.4 million in the capital stock of the Eastern and Southern African Trade and Development Bank (TDB), making it its third investment in the Bank since 2020. Overall, CNSS has invested over USD 15 million in Class B shares and the value of […]
...In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination. According to the World Bank’s Global Economic Prospects report, Djibouti is expected to experience the strongest GDP growth in Africa this year with a projected rate of 7.1%. This outlook […]
...As the flight from Dire Dawa, Ethiopia descends into Djibouti airspace, it is hard to ignore Djibouti’s strategic location and importance. Bordering the Gulf of Aden and the Red Sea and situated between Eritrea and Somalia, Djibouti is the route to the sea for African countries such as South Sudan and Ethiopia. Ethiopian imports and exports […]
...Djibouti, Republic of Djibouti, September 15, 2020 – The activities of the Djibouti Sovereign Fund (Fonds Souverain de Djibouti – FSD) were officially launched on Monday, September 14 at the presidential palace in the capital. Following the implementation decrees promulgated on June 24, 2020, a special inter-ministerial committee was held under the high authority of President […]
...While the 33rd African Union Summit is held in Addis Ababa, the Republic of Djibouti reaffirms its ambition, already announced at the end of 2016, to sit as a non-permanent member of the United Nations Security Council for the 2021 -2022 period. Five of the ten non-permanent members of the Security Council will be elected […]
...Travel & Tourism A small nation located at the point at the Gulf of Aden, where the Red Sea and the Indian Ocean meet. It gained its independence from France in 1977 and is currently governed in a multiparty arrangement based on the French and Islamic systems of law. The capital city is also known […]
...The month of June comes with many celebrations. Here in Africa, the month of June is important in the calendar of many nations as it marks an end to an era and to a new beginning, a beginning of independence, self-rule and equality. Five African nations mark their independence day in this month and here is a list of […]
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