DP World: Media Statement

It has been noted in some reports that DP World (http://web.DPWorld.com) may consider an out of court settlement with respect to the dispute with the Djiboutian government over their illegal action in taking control of the port at Doraleh. A DP World spokesperson said that the concession agreement remains in…

Photo News Release: Djibouti's many international investment projects set a new pace for economic emergence

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Djibouti's many international investment projects set a new pace for economic emergence

Djibouti hopes to reach a rapid and equitable solution that is in accordance with the law

On 22 February, the Republic of Djibouti (www.Presidence.dj) terminated the DCT (Doraleh Container Terminal) concession, in which DP World is a shareholder and operator. This decision was taken after numerous unsuccessful attempts to get DP World to renegotiate a contract that was clearly contrary to the fundamental interests of the…

Aid Ironies and Djibouti’s "Invisible Undercitizens"

The government of Djibouti had borrowed substantially from the World Bank to create a Center of Excellence facility, intended to address the problem of child malnourishment

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former employers. Returning from an early autumn vacation in Acadia National Park last year, we exited…

The mirage of Djibouti's economic success

Despite high growth and basking in a favorable spotlight, nationalist interventions in the economy and weakening political stability indicate that the current mirage of Djibouti’s investment potential is overstated and unsustainable

EXX Africa (www.ExxAfrica.com) published a special report on the country’s investment outlook on 24 May 2018. At first sight, Djibouti seems to be an attractive investment destination in an otherwise troubled Horn of Africa region. The country’s apparent political stability is assured by the presence of multiple foreign military bases and…

Djibouti: Any port in a storm?

‘Djibouti offers an attractive environment for investors in the Horn of Africa, but be careful how you tread,’ says Allan and Associates

As countries across the Horn of Africa embark on ambitious programmes to attract foreign investment, Djibouti seems a stable option in a volatile region. But are there risks? A new report by political and security risk consultancy Allan & Associates (www.Allan-Assoc.com) offers guidance. Download the study: https://goo.gl/xydCWe When African Development…

Dr Ahmed Salim Saif Al Mandhari nominated as WHO Regional Director for the Eastern Mediterranean

WHO's Special Session of the Regional Committee for the Eastern Mediterranean, held today in Geneva, has nominated Dr Ahmed Salim Saif Al Mandhari from Oman as WHO Regional Director for the Eastern Mediterranean, to be formally appointed by the WHO Executive Board during its 143rd session from 28 to 29…

Public Notice to those Considering Building, Managing, or Operating a Port in Djibouti of the Validity of the Concession Agreement for the Doraleh Container Terminal in Djibouti

On 22 February 2018, the Government of Djibouti unlawfully seized control of the Terminal, forced DP World employees to leave the country and purported to terminate the Concession Agreement

DP World Ltd. (http://web.DPWorld.com) hereby gives notice that the Concession Agreement to operate the Doraleh Container Terminal in Djibouti, which was awarded by the Government of Djibouti to Doraleh Container Terminal S.A., or DCT, a joint venture controlled by DP World, remains in full force and effect.  That Agreement conferred…

The Secretary's Meeting with Djiboutian Foreign Minister Mahmoud Ali Youssouf

The following is attributable to Spokesperson Heather Nauert: Secretary Tillerson met with Djiboutian Foreign Minister Mahmoud Ali Youssouf in Djibouti on March 9 to discuss the U.S.-Djiboutian partnership, and exchanged views on bilateral concerns, security threats, and economic reforms. The Secretary expressed appreciation for the Djiboutian government’s support for refugees…

East African Ministers share African Development Bank’s vision for the continent

“Regional integration is a survival issue.” – Djibouti Finance Minister, Hmadou Ibrahim

In a historic first, East African Governors of the African Development Bank (www.AfDB.org) met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region. On the agenda: closing the $170 billion infrastructure gap across the continent, keeping pace with the…