Zim general warns on foreign bases in Djibouti

One of Zimbabwe’s most senior soldiers and a key US congressman say trouble may be coming to the Horn of Africa

Major General Trust Magoba – who now serves as a special advisor to the African Union office for Peace and Security – has raised concern at foreign interference on the continent. “The establishment foreign bases and the involvement of external forces in the conflicts on the Horn of Africa is…

Marriott International reveals Robust Expansion Plans across Africa: Expects to Increase Portfolio by 50 Percent with over 200 Hotels and 38,000 Rooms by 2023

Strong Demand for Select-Service Brands and Conversion Opportunities Spur Growth Amplified by Five New Hotel Signings

From the Africa Hotel Investment Forum (AHIF) in Nairobi, Kenya, Marriott International (NASDAQ: MAR) (www.Marriott.com) today announced rapid expansion plans across Africa. Strong demand for select-service brands and conversion opportunities are driving the momentum of growth for the company, amplified by five new hotel signings. The new signings will further consolidate…

Fresh peace deal, commitment to multilateralism, open ‘new chapter’ in Ethiopia Foreign Minister tells UN

At the United Nations General Assembly on Thursday, Workneh Gebeyehu, the Foreign Affairs Minister of Ethiopia, hailed a recent peace deal with Eritrea, calling for the UN Security Council to lift its sanctions on the neighboring country in “light of these important and positive developments”

“Ethiopia and Eritrea have opened a new chapter in their relationship, ending two decades of conflict,” he told world leaders on the third day of the Assembly’s annual general debate. Citing his Prime Minister’s continued actions for peacemaking in the region, he detailed the extensive lengths to which Ethiopia has…

Nigerian President calls for global action on climate change, Lake Chad crisis

A variety of “festering” causes and effects surround crises around the world, Nigeria’s President, Muhammadu Buhari, said on Tuesday, speaking on the first day of the high-level portion of the United Nations General Assembly’s annual general debate

“Most crises usually have a variety of festering causes and effects,” he explained. “It is the failure to address them early and effectively that lead to out-of-control conflicts,” he argued, noting that solutions include collective national and international actions. Speaking about the fight against international and local terrorism, “Boko Haram…

Readout of the Secretary-General’s meeting with H.E. Dr. Workineh Gebeyehu Negewo, Minister for Foreign Affairs of the Federal Democratic Republic of Ethiopia

Today the Secretary-General met with H. E. Dr. Workineh Gebeyehu Negewo, Minister For Foreign Affairs of the Federal Democratic Republic of Ethiopia. The Secretary-General and the Foreign Minister exchanged views on the recent positive developments in the Horn of Africa and the way forward on resolving of the remaining challenges…

Despotic Djibouti a dragnet to Horn of Africa development

From Said Aboubaker in Djibouti, Djibouti

Despite its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa region. The Horn of Africa, with an estimated population of…

English High Court continues restraint against Djibouti Port Company over shares in Joint Venture

Court extends Order to prohibit interference with DP World’s right to manage Doraleh Container Terminal S.A. (“DCT”)

The High Court of England and Wales in London has continued the injunction first made on 31 August 2018, prohibiting the Government of Djibouti’s port company, Port de Djibouti S.A. (“PDSA”) from interfering with the management of the joint venture company, Doraleh Container Terminal S.A. (“DCT”).  On 31 August, the…

‘Wind of hope’ blowing through Horn of Africa says UN chief, as Ethiopia and Eritrea sign historic peace accord

There is a powerful wind of hope blowing across the Horn of Africa region, said UN chief António Guterres on Sunday, in Saudi Arabia to witness the signing of a peace agreement between Ethiopia and Eritrea, ending decades of simmering conflict. Saudi Arabia facilitated the agreement, and in a message…

How Djibouti like Zambia is about to loose its port to China

One such African country that is exhibiting all the red flag signals of going Sri Lankan and now Zambian way is Djibouti

Beijing’s cumulative loans to Africa since 2000 amounted to $124-billion by 2016, according to figures compiled by the China-Africa Research Initiative (CARI). Djibouti is projected to take on public debt worth around 88 percent of the country’s overall $1.72 billion GDP, with China owning the lion’s share of it. On…

DP World: We will continue to pursue all legal means to defend our rights as shareholder and concessionaire in Doraleh Container Terminal

Investors across the world must think twice about investing in Djibouti

DP World (http://web.dpworld.com) said today that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti's blatant disregard for the rule of law and respect for commercial contracts. On 9 September the…