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Council of the European Union
Source: Council of the European Union |

Maritime Security: European Union to become an observer of the Djibouti Code of Conduct/Jeddah Amendment

The EU signals its strong support for an effective regional maritime security architecture, while strengthening its presence and engagement as a global maritime security provider in the fight against illegal activities at sea

The EU will soon become a ‘Friend’ (i.e., observer) of the Djibouti Code of Conduct/Jeddah Amendment, a regional cooperation framework to tackle piracy, armed robbery, human trafficking and other illegal maritime activities in the North-Western Indian Ocean, including the Gulf of Aden and the Red Sea. The Council today formally…

U.S. Embassy in Djibouti
Source: U.S. Embassy in Djibouti |

United States Department of Defense Awards $25 Million Construction Contract to Djiboutian Businesses

This contract, part of the broader “Africa First” initiative, underscores the commitment of the United States to fostering economic growth and stability in Djibouti

The U.S. Naval Facilities Engineering Systems Command (NAVFAC) Europe Africa Central (EURAFCENT) has awarded a significant $25 million construction contract to five Djiboutian companies. This contract, part of the broader “Africa First” initiative, underscores the commitment of the United States to fostering economic growth and stability in Djibouti. The contract,…

Africa Finance Corporation (AFC)

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    • Red Sea Power, Djibouti. Photo credit: Thought Leader Global
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation’s year of impact sees major expansion of projects and investment

Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors

Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and…

Republic of Liberia: Executive Mansion
Source: Republic of Liberia: Executive Mansion |

On the Heels of Liberia’s Return Match with Djibouti, President Boakai Woos the Liberian National Soccer Squad

The President commended the players and technical staff for their unwavering commitment in their representation of Liberia in football during this period of scarcity of much needed resources

President Joseph N. Boakai, Sr., on Monday, March 25, expressed great pride in the performance of Liberia’s nation soccer Team, which recently defeated the Djibouti Team in the Moroccan City of Marrakech. He praised the Team for its courage and hard work to clinch an away win despite the many…

The World Bank Group
Source: The World Bank Group |

World Bank approves Additional Financing for Economic Management and Statistics Development in Djibouti

These activities will enhance the achievements of the parent project, which focused on strengthening the national statistical system

The World Bank has approved an additional financing of USD$ 5 million for the Economic Management and Statistics Development for Policy Making project in Djibouti. The project aims to strengthen the capacity of the National Institute of Statistics of Djibouti (INSTAD) to produce and disseminate timely and reliable statistics, and to modernize the government's…

Ministry of Foreign Affairs - Sri Lanka
Source: Ministry of Foreign Affairs - Sri Lanka |

Ambassador of Sri Lanka presents credentials to President of Djibouti

President Guelleh expressed his full commitment to enhance existing bilateral relations, particularly in potential areas which are mutually beneficial for both countries

The Ambassador of Sri Lanka to Djibouti K.K. Theshantha Kumarasiri presented credentials to President Ismail Omar Guelleh of Djibouti on 26 February 2024. Ambassador Kumarasiri is concurrently accredited to the Republic of Djibouti with residence in Addis Ababa, Ethiopia. During the discussion that followed the presentation of credentials, President Guelleh…

Ministry of Foreign Affairs of The State of Qatar
Source: Ministry of Foreign Affairs of The State of Qatar |

His Highness the Amir Sends Written Message to President of Djibouti

HE Ambassador of the State of Qatar to the Republic of Djibouti Rashid bin Shafeea Al Marri delivered the message during his meeting on Monday

HH the Amir Sheikh Tamim bin Hamad Al-Thani sent a written message to HE President of the Republic of Djibouti Ismail Omar Guelleh pertaining to bilateral relations and ways to support and develop them. HE Ambassador of the State of Qatar to the Republic of Djibouti Rashid bin Shafeea Al…

The World Bank Group
Source: The World Bank Group |

World Bank Report: Reducing Electricity and Telecommunications Costs in Djibouti Could Boost Growth and Add Jobs

The report, titled "Djibouti Beyond the Ports and Bases: A Path to Prosperity for All”, highlights the economic potential of the country

Djibouti has achieved remarkable economic growth over the past two decades, driven by strategic infrastructure investments, its advantageous location, and political stability in a volatile region. With an average annual GDP growth of 4.4 percent between 2000 and 2021, the nation's real GDP per capita has more than doubled, surpassing…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in Favor of the Republic of Djibouti
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) signs a US$90 million Master Murabaha Agreement in favor of the Republic of Djibouti

The agreement is part of ITFC’s commitment to contribute to the developmental strides of Djibouti’s economy through its energy industry

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, signed a US$90 Million Master Murabaha Agreement in favor of the Republic of Djibouti, with the International Hydrocarbons Company of Djibouti (SIHD) as the executing agency. The signing took place between HE. Ilyas…