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Djibouti
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Discussion Starter #341

Djibouti vient de lancer un programme intitulé « Crédit Jeunes Prometteurs » dans le cadre de la lutte contre le chômage chez les jeunes diplômés.

Ce projet qui s’inscrit dans la Stratégie djiboutienne de Croissance Accélérée et la Promotion de l’Emploi (SCAPE) a surtout pour objectif de faciliter l’accès au financement pour les jeunes exclus du système de financement classique existant et l’amélioration de l’accès aux compétences.

Il est financé par le Programme des Nations Unies pour le Développement (PNUD) par le biais de la formulation de la première politique nationale de l’emploi assortie d’un plan d’action opérationnel, mais également la mise en place d’une ligne de crédit de 300.000 USD auprès de la Caisse d’Epargne et de Crédit de Djibouti (CPEC).

Cette ligne de crédit non remboursable dédiée à la capitale et aux régions de l’intérieur est destinée à promouvoir l’initiative privée et l’auto-emploi au niveau national comme débouché pour accéder à un revenu.

Elle vise également de manière plus spécifique les jeunes diplômés ou non capables de formuler, concevoir et monter un projet personnel d’entreprenariat.

Par ailleurs, un appui spécial par le biais d’une expertise technique locale a été mis en place pour accompagner les jeunes lors de la soumission et l’examen des dossiers de candidature à la ligne de crédit.

Malgré une croissance économique positive depuis bientôt une décennie, Djibouti souffre de la persistance d’un chômage de masse, selon une étude de la Banque Mondiale.

A en croire les chiffres de cette étude intitulée « un nouveau modèle de croissance pour Djibouti », le taux de chômage s’élève à 45% de la population djiboutienne et à plus de 70% pour les jeunes de moins de 30 ans. Le pays compte près de 200.000 chômeurs, pour une population totale de 850.000 habitants.

« Les perspectifs à moyen et long terme sont très préoccupantes. La pression démographique s’intensifiera dans les prochaines années. Le phénomène des diplômés-chômeurs, apparu récemment à Djibouti risque de s’amplifier dans des proportions considérables à l’avenir », a prévenu le rapport de la Banque mondiale.
 

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Djibouti
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Discussion Starter #342
Le président Ismail Omar Guelleh parraine une cérémonie de signature de quatre nouveaux accords avec la Chine​


18/01/2016

Le chef de l’Etat, M. Ismail Omar Guelleh, a parrainé aujourd’hui au Kempinski Palace Hôtel, une cérémonie de signature de quatre conventions entre la République de Djibouti et des investisseurs chinois.

Outre le chargé d’Affaire de l’ambassade chinois à Djibouti, plusieurs membres du gouvernement ainsi que des promoteurs chinois étaient présent à cette cérémonie de signature.

Le ministre de la Communication, chargé des Postes et des Télécommunications, le ministre des Finances, le ministre de l’Intérieur, le ministre de l’Energie ainsi que des nombreux hauts responsables Djiboutiens ont assisté à cette cérémonie.

Le premier accord qui a été paraphé par le président de l’Autorité des Ports et des Zones Franches, M. Aboubaker Omar Hadi et M. Hu Jinhuo, portait sur la construction d’une nouvelle zone franche d’une superficie totale de 48 kilomètres carrés. La première tranche de cette zone couvrira une superficie d’1.5 kilomètre carré et sera notamment finalisé à la fin de l’année 2016.

Pour ce qui est du second accord, il portait sur le lancement par la Chine de la nouvelle route de la soie. Djibouti a été choisi comme le bureau africain de la route de la soie, un projet dont l’investissement total s’élève à 48 milliards de dollars.

Il convient de rappeler que la route de la soie désigne un réseau ancien de routes commerciales entre l’Asie et l’Europe, reliant la ville de Chang’an (l’actuel Xi’an). Désormais, cette nouvelle route reliera la Chine à l’Afrique en passant par le golf arabique.

Concernant le troisième accord, il porte notamment sur l’établissement d’une chambre de compensation qui permettra aux opérateurs économique Djiboutiens de réaliser des échanges commerciaux sans passer par la devise américaine, le dollar.

Enfin, le quatrième accord signé par le ministre de l’Economie et un haut responsable chinois, M. Luo Feng, porte sur un accord-cadre de développement de la coopération stratégique avec la Chine en vue faire de Djibouti une place bancaire et financière régionale.

Cet accord va permettre aux banques chinoises de s’installer à Djibouti dans le cadre du projet de la route de la soie et va fluidifier le flux financier entre l’Afrique et l’Asie.
source: ADI
 

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Djibouti
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Discussion Starter #343

Reuters
January 20, 2016 6:28 PM

DJIBOUTI—
Djibouti's president has signed agreements with China to set up a trade zone and establish a legal framework to let Chinese banks operate in the tiny Horn of Africa nation, the latest move to deepen ties with Beijing.

China said last year that its military was in talks to build logistics facilities in Djibouti, a country of 876,000 people which wants to build up its role as an international port and already hosts U.S. and French military bases.

The free zone for trade and business would cover an area of 48 sq km (19 sq miles). In a statement, President Ismail Omar Guelleh said he wanted the first phase, covering 1.5 sq km, to be operational before the end of 2016.

Another agreement aims to expand Djibouti's role for transhipment of goods in trade between China and the world, the statement said. This would mean cargo coming to Djibouti — which is on a body of water linking the Red Sea with the Gulf of Aden — and then being reloaded for other destinations.

It also said the president had signed an agreement for "the implementation of a legal framework" for Chinese banks to operate in Djibouti. It gave few further details about the role those banks would play or when such banks would operate.

The statement did not say who signed the deal on behalf of China.

WFP base

Separately, the World Food Program on Wednesday also announced the opening of a new Horn of Africa logistics base in Djibouti, which borders Eritrea, Ethiopia and the breakaway Somali region of Somaliland.

"We are opening this facility at a critical time, when Djibouti is playing a key role in our responses to several major crises in the region, including the conflicts in South Sudan and Yemen and the drought in Ethiopia worsened by El Nino," said Valerie Guarnieri, WFP's Regional Director for East and Central Africa.

WFP said about a quarter of the people that it assists worldwide live in countries that will be supported by the Djibouti hub.
Looking forward to more details
 

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Djibouti
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Discussion Starter #344

DJIBOUTI CITY, Djibouti, February 9, 2016 /PRNewswire/ --

US Assistant Secretary of State Antony Blinken has today concluded a two-day visit to Djibouti, which saw the announcement of important new programmes. These initiatives included:

• Plans to construct a pipeline carrying oil from Ethiopia's Awash region to Djibouti. Black Rhino, an American company that invests in African infrastructure development, will fund the project, which will also include the creation of new oil storage facilities in Djibouti. Work will begin in June.

• The signing of a $1m grant agreement provided by the US Agency for International Development, which will support community programmes for women, young people and vulnerable groups.

• The launch of Djibouti's first international school of English with an American curriculum, operated by Quality Schools International.

Mr Blinken led the US delegation that attended the second annual US-Djibouti Binational Forum. During his visit, Mr Blinken held talks with HE Ismaïl Omar Guelleh, the President of the Republic Djibouti.

Mr Blinken praised the "quality of friendship and cooperation between the two countries and its two peoples". He said that the Binational Forum provided a "valuable opportunity to exchange ideas concerning the implementation of multiple initiatives and partnerships".

"Djibouti is one of the few African countries maintaining a privileged partnership with the United States concerning energy and economic developments," he said.

The United States contributes more than $100m a year to Djibouti's economy and is one of the country's largest employers. More than 1,700 Djiboutians work at Camp Lemonnier, the only permanent US military base in Africa.

Mr Blinken announced that more local companies would be able to obtain work contracts from Camp Lemonnier through the Djibouti First programme.

SOURCE Republic of Djibouti Press Office of the President of Djibouti
 

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Djibouti
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Discussion Starter #345

C’est une ancienne zone franche, près du port de Djibouti. Une enclave de sable battue par les vents de la mer Rouge. C’est ici que se dressera d’ici la fin de l’année 2017 la première base militaire chinoise permanente sur le continent. Les travaux viennent tout juste de débuter. De sources non officielles, on avance le chiffre considérable de 10 000 militaires chinois qui seront déployés à Djibouti, contre 4 000 pour les Américains. Ces derniers ont été sommés par le gouvernement djiboutien d’abandonner leur base secondaire d’Obock pour se concentrer sur celle de Camp Lemonnier, et faire de la place aux Chinois.

Le président Ismaïl Omar Guelleh semble prêt à toutes les concessions pour plaire à son homologue chinois. Les deux hommes se sont encore rencontrés le mois dernier en marge du sommet Chine-Afrique à Johannesburg et, depuis, c’est une ronde permanente de diplomates et de militaires entre Pékin et Djibouti.

Une alliance stratégique majeure

La semaine dernière, le bureau de la présidence annonçait la signature avec Pékin d’un accord de libre-échange permettant à la Chine d’utiliser ces installations portuaires à Djibouti à des fins de base de transit. Confirmation dès le lendemain à Pékin lors du point presse hebdomadaire du ministère des affaires étrangères : « La Chine envoie des escortes navales dans le golfe d’Aden, et dans les eaux somaliennes. La question de leur ravitaillement en nourriture et en carburant s’est posée. Nous sommes parvenus à un consensus avec le gouvernement de Djibouti pour disposer d’un soutien logistique pour nos escorteurs ».

Le débarquement annoncé de ces hommes de l’armée populaire de libération n’est pas la seule raison de cette danse du ventre. Pékin et Djibouti sont en train de sceller une alliance stratégique majeure qui fera de ce petit Etat niché au creux de la corne de l’Afrique, l’étape obligée de la Chine dans sa fameuse nouvelle « route de la soie » reliant la Chine à l’Afrique en passant par le Golfe arabique. Un projet estimé à 48 milliards de dollars (44 milliards d’euros) par la presse officielle chinoise.
Des chantiers militaires et économiques

Plusieurs chantiers ont ainsi été lancés simultanément. Le premier est militaire et conduira la Chine à assurer désormais seule la protection de ses navires si nombreux à croiser au large des côtes somaliennes. La marine chinoise a effectué une vingtaine de missions anti-piraterie dans le golfe d’Aden depuis 2008. Les rotations vont pouvoir s’accélérer. Le second est économique. Djibouti et la Chine ont signé trois importants accords économiques et commerciaux. Le premier porte sur la construction d’une zone franche de 48 km2, dont une première tranche d’un kilomètre et demi sera opérationnelle d’ici la fin de l’année. Il s’agit d’en faire une plate-forme de transbordement pour le commerce Chine-Afrique. C’est la société China Merchants Holding qui est au cœur de ce projet estimé à 7 milliards de dollars. Il s’agit de construire la plus grande zone franche industrielle de Djibouti, un chantier naval, une autoroute, et agrandir le port de Doraleh. 200 000 emplois directs et indirects devraient être créés.

Ces chantiers sont en très grande partie financés par la China Exim Bank et les entreprises chinoises qui réaliseront les travaux. Une fois mises en place, ces infrastructures constitueront la charnière de l’union économique et politique qui se tisse entre Djibouti et l’Ethiopie, deux pays au cœur de la stratégie africaine de Xi Jinping. China Merchants Holdings International avait déjà fait son entrée, fin 2012, au capital du port de Djibouti en acquérant 23,5 % des parts pour 185 millions de dollars

Un autre accord porte sur la mise en place d’un cadre légal permettant, selon le communiqué officiel, « l’afflux rapide de banques chinoises à Djibouti » et prévoyant la création d’une chambre de compensation qui permettra de « ne pas perdre de devises dans les échanges avec la Chine », explique la présidence djiboutienne. Cette chambre permettra aux opérateurs économiques djiboutiens de réaliser des échanges commerciaux sans passer par le dollar américain, confirmant ainsi la montée en puissance du yuan chinois sur le continent.

Devenir un carrefour incontournable

La France, les Etats-Unis et le Japon disposent déjà de bases militaires à Djibouti. La France débourse chaque année la somme de 30 millions d’euros pour assurer la présence d’une garnison de 2 700 hommes dans la cité-Etat. Les Etats-Unis et le Japon payent chacun un loyer annuel de 30 millions de dollars pour leurs bases respectives. La Chine, quant à elle, ne paye rien ! Simplement, elle permet à Djibouti de financer et construire un maillage de ports, de routes, de voie de chemin de fer et d’aéroports qui relieront la cité-Etat au reste du continent.

Le président Ismaïl Omar Guelleh veut en effet transformer son pays en un petit Singapour de la Corne de l’Afrique et devenir un carrefour incontournable pour le transit des minerais et des marchandises avec l’Ethiopie, dont il est devenu la porte d’entrée. Pour cela, il a besoin de la Chine.

Pour les Emirats arabes et surtout les Etats-Unis, l’arrivée des Chinois dans le jeu régional complique la donne et entraîne une vaste recomposition des alliances diplomatiques autour de la mer Rouge. Les Etats du Golfe qui prévoyaient d’installer une base militaire à Djibouti se rapprochent désormais de l’Erythrée, son grand rival. Les Occidentaux redoutent de voir Djibouti tomber dans l’orbite de Pékin et perdre ainsi un pays clef au cœur des grandes routes maritimes internationales.
 

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Djibouti
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Discussion Starter #346
Le chantier de « L'Œil de l'Afrique », le projet immobilier chinois à 600 millions de dollars, commencera en juin avec près d'un an de retard selon les informations de "Jeune Afrique".

« L’Œil de l’Afrique », ce projet immobilier prévu sur 375 hectares le long de la baie de Djibouti-ville, entre la zone franche portuaire et le terminal à conteneurs de Doraleh, devrait bien commencer à briller avant la fin de cette année.

He Liehui, le PDG du groupe chinois Touchroad International Holdings Group et promoteur de ce projet estimé à plus de 600 millions de dollars, s’y est engagé auprès du Premier ministre du pays, Abdoulkader Kamil Mohamed, qu’il a rencontré le 2 mars dans la capitale djiboutienne.

Premier coup de pioche en juin

Après huit mois de retard sur le planning initial, dû à la définition du tracé de la future ligne ferroviaire qui rejoindra le port depuis Addis-Abeba, le premier coup de pioche devrait être donné en juin et les éléments pré-fabriqués en Chine, actuellement en route vers Djibouti, seront assemblés dans la foulée. Autour du Mall, qui sera le premier bâtiment à sortir de la lagune, l’Œil de l’Afrique comprendra également des complexes de bureaux et de résidences, des villas, des hôtels de luxe et une marina, ainsi qu’un hôpital et une université. Le tout « 100 % écologique », selon Saïd Del Waïs, président du groupe industriel diversifié Halt, partenaire local du richissime homme d’affaires chinois.
 

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Djibouti
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Discussion Starter #347
Djibouti sits on the Bab el-Mandeb Strait, where a significant proportion of global shipping traffic passes between the Gulf of Aden, the Red Sea and the Suez Canal. Proposed plans for major maritime infrastructure projects are set to strengthen Djibouti’s position as a regional hub for transport and logistics services, reports DEEBA KAZI.

Djibouti is a tiny country of less than 25,000 square kilometers in area with less than a million people. It is strategically located on one of the fastest growing East–West international shipping routes, at the entrance to the Red Sea. The country is thus ideally placed to expand its role as a shipping hub, especially for containerized goods destined for East and Southern Africa. Although a small majority Muslim nation of only 876,000, Djibouti hosts strategic military bases, including naval facilities, of the US, France and Japan. The tiny nation has also been used by other foreign navies, including Germany’s, for patrols of Gulf of Aden shipping lanes – en route to the Suez Canal – and against pirates operating from neighboring Somalia.

In recent happenings, China’s plans to open a military facility in Djibouti caused a worldwide stir. The permanent facility will be China’s first overseas military outpost, granting Beijing access to the Arabian Peninsula and projecting force near its investments in Sub-Saharan Africa. The facility will be concerned chiefly with logistical tasks rather than projecting power, at least for now, reports suggest. China plans to use it to support its anti-piracy operations in the waters off the strife-torn nations of Somalia and Yemen. But China won’t be the only one benefiting from this arrangement. For Djibouti, the Chinese naval base will raise its caliber as a global player in shipping and will secure its lucrative relationship with the world’s second-largest economy. It may also spur infrastructure development and create jobs for impoverished locals.

To make its economy more export oriented, Djibouti is investing in its infrastructure by building four new ports. “Yes we are indeed currently building four new ports, which will all be operational between October and December in 2016. East Africa has the highest economic growth in the continent for the last two decades, but the lack of transport infrastructure is a huge handicap to our economic development,” says Aboubaker Omar Hadi, Chairman, Djibouti Ports and Free Zone (DPFZA). DPFZA is the governing body that sets the rules, directives and overarching principles for the smooth and efficient running of the current, and any future, ports and free zones in Djibouti.

“Out of the four new ports that we are building today, one is for the export of potassium coming from Ethiopia, while the other is dedicated for livestock export. Djibouti exports two million heads a year mainly to the Middle East; the new port that is being built will be able to export 10 million heads a year. The other port we are building is again demand driven. Djibouti has the largest salt deposit in the world. So we got into a joint venture with a Chinese company to build a port dedicated for the export of salt. The fourth port is Doraleh Multipurpose Port (DMB), which is the most important, in terms of investment ($580 million). It will replace the existing Multipurpose Ports, located in down town Djibouti City. We have just finalised the master plan to regenerate it in to a business district in a similar fashion as the water front development of Miami, Shenzhen and Cape Town. In order to diversify the country’s economy, while building transport and logistics infrastructure to boost trade (mainly export and transshipment cargo), we are also developing tourism and financial economic sectors,” Hadi further added.

Djibouti is also in the process of constructing its first free trade zone in the country targeting industries where the initial phase named the Pioneer Phase, encompassing 2km2, will be operational by Q1 2017. 1.5km2 will be an industrial park where as 0.5km2 will be a logistics park; out of a total of 48.2km to be developed in the next 10 years. “We are targeting light industries, assembling, processors and integrators who wish to be closer to the ever growing African market. We have long waiting lists, so we are rushed by the strong demand of our customers for an accelerated construction of this new Industrial Free Trade Zone (DFTZ),” continued Hadi.

Djibouti Ports’ traffic is generated by foreign trade with East African countries, in the hinterland, as well as transshipment to Red Sea, East African and Southern Africa countries, down to Durban. Agricultural products are the top export cargo commodity currently but in the next three years, more of manufactured goods, oil and gas, and minerals are expected to be exported through Djibouti Ports. Imports today are dominated by consumer products and project cargo fertilizers.

Djibouti Port is the principal transit point for cargo in and out of Ethiopia and a key link in commercial transport routes to and from the greater Horn of Africa. The port is likewise critical for the efficient flow of humanitarian goods. As famine stalks millions of Ethiopians, more than 10 vessels carrying thousands of tonnes of food aid were stranded at the Port of Djibouti following congestion at the facility. More than 10 million people are in need of food aid in Ethiopia amid a drought worse than the one that triggered the haunting 1984 famine, the UN has warned. Nearly four million metric tonnes of relief cargo have passed through Djibouti in just the past three years.

However, Ethiopian officials ordered ships loaded with food aid waiting at the Port of Djibouti to sail to the Ports of Berbera in Somaliland and Sudan as the waiting time at the Port of Djibouti has been found to be too long. Lack of sufficient trucks for transporting dry bulk cargo and disorganised arrival of vessels at the port were stated as the main reasons behind the current situation at the Port of Djibouti. “I, for sure can say this has nothing to do with Djibouti Ports capacity, it is created rather by a lack of proper planning of the arrival of vessels carrying the aid cargo and the capacity of the inland transportation to deliver the goods to the needy people,” said Hadi in defense. To clear the backlog, Hadi says that Djibouti and Ethiopia governments proactively took the wise decision to put the $4.2 billion Djibouti/Addis railways project, before commissioning, into operation, with diesel locomotives in order to increase the food aid delivery to enhance the uplifting volume from the ports.

Earlier this year, a cooperative agreement was signed between DPFZA and Silk Road E-Merchants Information Technology to create the Djibouti Silk Road Station. The station, aligned with China’s One Belt and One Road (OBOR) initiative launched in 2013, will be designed to facilitate customs, payment settlement and a clearing centre for East Africans to bring in business. A joint venture company will also be set up in Djibouti to push forward business operations implementation and policy, the Djibouti government said in a statement.

“This announcement will not only help us create new facilities, but also ensure that we can transport goods faster, smarter and more cheaply. We are on course to become Africa’s top Silk Road station,” said Hadi. Through OBOR, China plans to link over 60 countries across Asia, Europe, the Middle East and Africa, covering a total population of about 5.1 billion and total GDP of about $26 trillion. Djibouti’s Silk Road Station will make it an integral part of the growing trade route and a close trade partner to China.

Djibouti has embarked on several major infrastructure projects with China, including building a modern electric railway and a super highway connecting Ethiopia and Djibouti, two international airports and a multipurpose port. The series of economic deals and trade agreements emphasise that Djibouti’s strategic location is attractive for China for more than military reasons. Economists warn that Djibouti is becoming too reliant on Chinese credit. The country’s public debt burden is forecast to rise from 60 percent in 2015 to around 80 percent in 2017, according to the International Monetary Fund.
 

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Djibouti
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Discussion Starter #348
Djibouti has become the newest member of Africa Finance Corporation (AFC), an international investment grade multilateral finance institution investing in key infrastructure projects across Africa.

Mr Ali Guelleh Aboubaker, Minister of Investments in the Office of the President, commented on his country’s membership of AFC: “I am delighted to announce that Djibouti has become a member of Africa Finance Corporation, an international DFI with a proven track record in large-scale infrastructure investment. The government of Djibouti is committed to proactively investing in essential infrastructure to drive economic growth and doing what we can to attract international private investors to infrastructure investment opportunities. We look forward to working with AFC to deliver projects with real and positive economic and social impact across the country.”

Andrew Alli, President & CEO of Africa Finance Corporation, welcomed Djibouti to the Corporation: “Djibouti is a small but important market, with natural strengths as a transport and logistics hub thanks to the government’s successful free trade policies and its location at the gateway to the Red Sea. Djibouti offers some great investment opportunities and AFC is delighted to be assisting Djibouti to meet its full growth potential and to create jobs for its citizens.”

Djibouti is the 14th country and the third east African country to join the AFC. The Corporation’s other members are: Cape Verde; Chad; Ghana; Guinea-Bissau; Guinea; Liberia; Nigeria; Sierra-Leone, The Gambia, Gabon, Côte d’Ivoire, Rwanda, and Uganda. As with all other members, Djibouti’s membership enables AFC to receive preferred creditor status within the country, the benefits of which reduce AFC’s investment risk, enabling the Corporation to provide more competitive financing solutions.
 

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Djibouti
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Discussion Starter #349
La production industrielle des pâtes alimentaires désormais rendue possible à Djibouti grâce à la société Twin Gulf Industries​

29/07/2016

L’initiative était en soi un énorme défi tant elle semblait relever du mirage. Il fallait avoir la foi chevillée au corps pour y croire. C’est peu dire que la société Twin Gulf Industries a fait œuvre de pionnier en rendant possible désormais la production des pâtes alimentaires sous les cieux de Djibouti.

Tournant ses moteurs à plein régime au cœur de la zone industrielle, l’usine de cette PMI investit aujourd’hui toutes ses ressources dans deux chaines de production dont l’une est spécialisée dans la fabrication des pâtes courtes ou macaronis, l’autre dans celle des pâtes longues ou spaghettis. La capacité de production de chacune de ces deux lignes est de 1000 kilogrammes de pâtes par heure.

Fabriquant au total 2400 cartons de pâtes par jour à l’heure actuelle, la capacité de production de l’usine devrait être renforcée puisque son management table sur la fabrication de 14400 tonnes de macaronis et de spaghettis par an. Ce qui dépasse de loin la demande sur le marché local qui est estimé entre 10000 et 11000 tonnes par an.

Le nom commercial des pâtes produites par cette usine est "Maïda" qui, selon le patron de la société Twin Gulf Industries, M. Liban Ismail, se réfère à une sourate du Saint-Coran. Ce qui prouve que le choix de cette appellation n’est pas dénué de sens, bien au contraire.

Si, en l’état actuel, les produits de cette société sont exclusivement réservés aux commerçants de la place, celle-ci n’envisage pas moins de se tourner vers l’export pour écouler le surplus de sa production qui excède la demande des consommateurs djiboutiens.

C’est dans cette perspective que Twin Gulf Industries, qui a le mérite d’avoir suscité une baisse de tarifs par la mise en vente de ses produits sur le marché locale, entend acquérir sous peu la certification ISO 22000 dont l’obtention lui permettra d’aller de l’avant.

source: ADI

The industrial production of pasta now made possible through the company Djibouti Twin Gulf Industries​

To say that society Twin Gulf Industries has pioneered making now possible pasta production under the skies of Djibouti.

Turning its engines at full throttle in the heart of the industrial area, the plant that PMI is now investing all its resources in two production chains of which is specialized in manufacturing of short pasta or macaroni, the other in that of long spaghetti or pasta. Production capacity of each of these two lines is 1000 kilograms of pulp per hour.

Manufacturer Total 2400 boxes of pasta per day at present, the plant's production capacity should be strengthened because its management expects production of 14,400 tons of macaroni and spaghetti year. Which exceeds the demand in the local market which is estimated between 10,000 and 11,000 tonnes per year.

The trade name of the pasta produced by this factory is "Maida" which, according to the boss of the company Twin Gulf Industries, Mr. Liban Ismail, refers to a surat of the Qur'an. This proves that the choice of this name is not meaningless, quite the contrary.

If, at this stage, the company's products are only available to merchants of the place, it does contemplate turning to export to sell the surplus of production that exceeds consumer demand in Djibouti.

It is in this perspective that Twin Gulf Industries, which has the merit of having provoked a decrease of tariffs by the sale of its products on the local market, intends to shortly acquire ISO 22000 certification will enable the obtaining going forward.
 

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Djibouti
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Discussion Starter #350
1 AUGUST 2016
Djibouti, through its revamped mining code, aims to capitalise on its largely unexploited mineral wealth and focus on attracting upstream investment.

The new mining code for Djibouti, in East Africa – which, once implemented, will replace the current regulations implemented in 1994 – aims to update the framework for exploration, surveying and land titles and increase enforcement measures, including rolling out new penalties for non-compliance.

In mid-April the National Assembly’s committee on legislation and general administration met to review a draft law to revise the country’s mining code.

The deputies agreed to continue working on the legislation prior to submitting the bill at the next sitting of the National Assembly.

According to the authorities, the development of the sector will go hand-in-hand with the country’s major infrastructure projects, which total $14 billion and include port facilities specialising in mineral exports, new road projects and improvements to the electrical grid.

At present, mining accounts for between 1% and 3% of Djibouti's GDP, according to estimates from the World Bank and the African Development Bank.

Government efforts to improve the mining investment environment are part of a concentrated effort to diversify the economy and improve the broader investment climate - a central part of the Djibouti Vision 2035 strategy for economic development and inclusive growth.

Global publishing, research and consultancy firm the Oxford Business Group, summed up some of the highlights and implications that the revamped mining code could have for investment in the country's resource sector.

Mapping Djibouti’s natural resources

The consultation on the new mining code follows the government’s completion in late 2015 of a nationwide survey of the country’s mineral resources.

The “Inventory of Industrial Minerals in Djibouti”, whose results helped inform the updated regulations, found new deposits of sandstone, limestone and ornamental stones in Ali Sabieh in the south; corallian limestone, clay and pumice in Tadjourah; and ilmenite sand, corrallin limestone and ornamental stones in Obock in the north.

Rural dividend

Development of the mining sector is being used to improve local content participation in large-scale industrial value chains, encouraging the establishment of small and medium-sized enterprises (SMEs) and promoting local processing and refining for mineral products used in construction and agriculture.

“These industrial minerals and rocks are necessary for the development of sectors like construction, public works, agriculture and the ceramics industry,” says Minister of Energy and Natural Resources Ali Mahmoud Yacoub.

According to the Minister, a robust mining sector will also encourage the growth of SMEs in related industries as the mining sector brings greater investment to rural communities.

This aligns with government efforts to address rising unemployment and persistent poverty, with 42% of the population living in extreme poverty and 48% unemployed, as well as attempts to reduce rural migration, which is straining urban infrastructure.

With more than 500 000 Djiboutians living in the capital and more than three-quarters of the population residing in urban centres, the country also has a high urbanisation rate.

Gold and “white gold” in Djibouti

The revised mining code, and its focus on new sources of industrial minerals, comes as Djibouti works to develop some of its other existing mineral deposits.

Authorities identified salt – historically known as “white gold” and the main mineral produced in Djibouti – as the first priority for development.

Salt production, sourced from the hypersaline Lake Assal in central Djibouti, has fallen in recent years after the discovery of salt deposits in the Afar region of neighbouring Ethiopia.

At 155 m below sea level, Lake Assal is believed to have the largest unexplored salt reserves in the world, totalling around 100 Mt.

A new port dedicated to salt exports is expected to help shift focus back to Lake Assal, and Salt Investment, formerly a subsidiary of US-based Emerging Capital Partners, but now Chinese-owned, is developing a project to market the area’s salt resources.

Goubet Port, located some 40 km south of the Gulf of Goubet, close to Lake Assal, is scheduled for completion this year with an export capacity of 6 Mtpa. The $63 million project includes a new ore terminal and product storage area, and will help redevelop the road linking the lake and the port.

Meanwhile, the country’s first gold mining operation located near the Port of Djibouti is also projected to come on-line this year, providing further stimulus to extractive industries.

Located near the Port of Djibouti, the gold vent – which UK-based Stratex International aims to begin mining in September – is part of the company’s efforts to identify more than 2 Moz of gold deposits in the country.

Stratex International believes the mine’s location will lay the groundwork for eventual inland expansion and the infrastructure improvements needed to transport mining equipment and machinery.
 

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DJIBOUTI, 16 novembre (Xinhua) -- La Chine et Djibouti ont signé mardi plusieurs mémorandums d'entente sur la coopération bilatérale dans différents domaines tels que la finance et la technologie.

Les conventions signées comprenaient notamment la création de la Banque Internationale de la Route de la Soie qui aura son siège à Djibouti, la création du Centre Financier de l'Afrique de l'Est dont le siège sera également à Djibouti, et la création à Djibouti de l'Africa Big Data Center.

Les deux parties ont aussi signé une convention officialisant la tenue à Djibouti d'un Forum annuel sur la Route de la Soie du 21éme Siècle qui sera conjointement organisé par Djibouti et la Chine. Ce forum, le 1er du genre, regroupera la Chine et les pays du continent africain.

Egalement, un autre accord aussi important a été signé entre le président des Autorités de Ports et des Zones Franches de Djibouti et le PDG de China Merchants Ports. Cet accord commercial porte sur la création et le développement de la zone franche industrielle dénommée "Djibouti International Free Trade Zone" (zone de libre-échange international de Djibouti).

Enfin le dernier accord de cette série de mémorandums a porté sur un don de 150 millions de yuans (plus de 20 millions de dollars) consacré entre autres à la technologie, à la construction des Archives nationales et de la bibliothèque nationale de Djibouti.

Ces accords constituent un tournant crucial dans les relations entre Djibouti et la Chine puisqu'ils affirment que Djibouti demeure le point d'entrée principal des investissements chinois sur le continent et son centre financier et technologique, estiment des analystes locaux


China and Djibouti sign cooperation memoranda of understanding

Djibouti, November 16 (Xinhua) - China and Djibouti on Tuesday signed several memoranda of understanding on bilateral cooperation in various fields such as finance and technology.

The agreements signed included the creation of the International Bank for the Silk Road, headquartered in Djibouti, the establishment of the East African Financial Center, which will also be headquartered in Djibouti, and the establishment in Djibouti Of the Africa Big Data Center.

The two sides also signed a convention formalizing the holding in Djibouti of an annual Forum on the Silk Road of the 21st Century that will be jointly organized by Djibouti and China. This forum, the first of its kind, will bring together China and the countries of the African continent.

Also, another such important agreement was signed between the President of the Port Authorities and the Free Zones of Djibouti and the CEO of China Merchants Ports. This trade agreement concerns the creation and development of the Djibouti International Free Trade Zone.

Finally, the last agreement of this series of memoranda was a donation of 150 million yuan (more than 20 million dollars) devoted to the technology, the construction of the National Archives and the national library of Djibouti.

These agreements constitute a crucial turning point in relations between Djibouti and China since they affirm that Djibouti remains the main point of entry of Chinese investments on the continent and its financial and technological center, say local analysts
 

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An agreement for the first overseas commercial bank established under China's Belt and Road Initiative was signed in Djibouti on November 16.

The Silk Road International Bank (SRIB) cooperative agreement was signed by Djibouti's Finance Minister and representatives from Chinese trading and data firm IZP Group and state-owned China Merchants Group, and follows the venture's first agreement in Beijing in July.

According to a report by 163 news, the agreement was the first to confirm the distribution of equity within the bank, the first African bank a Chinese enterprise has acquired a licence for.

Equity, of which 70 percent has been made public, sees Djibouti's Finance Ministry and IZP Group take 25 percent respectively, while Silk Road e-merchants - a joint-venture between China Merchants Group and IZP - will assume 20 percent control.

President of SRIB and Finance Minister of Djibouti, Ilyas Moussa Dawaleh, said that SRIB will provide favourable financial products and services to Djibouti and overseas enterprises, especially those in China, adding that he hopes to "make the bank the largest card issuing bank in East Africa in five years".

The Belt and Road initiative is a development strategy introduced by Chinese President Xi Jinping that focuses on connectivity and cooperation among countries between China and Eurasia.
 

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By Reuters

Djibouti's economy is expected to grow 7% in 2017 from a projected 6.5% this year, helped by investment in ports, telecommunications and airports, its budget minister said.

Strategically located at the southern entrance to the Red Sea on the route to the Suez Canal, Djibouti has been seeking to expand its role as transhipment hub and export route for its landlocked neighbour Ethiopia.

It is also home to US and French, Japanese bases, while China is building a military base.

Foreign Minister Mahamoud Ali Youssouf told Arabic newspaper Asharq al-Awsat at the weekend that Saudi Arabia was discussing building a base.
"The growth rate is projected at 7% in 2017, generated by the increase in direct investment," Budget Minister Bodeh Ahmed Robleh told Reuters late on Tuesday.

He said the economy would be boosted by activity at its ports, airport and free trade zones, as well as in telecommunications.

Djibouti is expanding its port facilities to handle more bulk commodities, containers and other goods.

Export and import route for Ethiopia

It is also constructing two new airports to handle more tourists and cargo.
The Horn of African nation is already the main export and import route for fast-growing Ethiopia, and the two nations are now connected by a new 750-km electrified railway line.

Djibouti says it plans $12.4 bn in investments between 2015 and 2020, mostly using Chinese financing.

Robleh was speaking after the cabinet approved a $674.92m budget for fiscal year 2017, with spending focussed on improving water supplies, desalination of sea water, housing, building powerlines, drilling geothermal exploratory wells and the construction of port terminals.

"The objective of the 2017 Budget is to increase the supply of quality basic services, improve the education system and strengthen the health system, as well as housing and decentralization," Robleh said.
 

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Djibouti table sur une croissance de 7% en 2017​


Dans son nouveau budget de l'Etat voté pour 2017, les autorités de Djibouti prévoient un taux de croissance de 7%. Cette progression devrait être possible grâce aux investissements directs dans les infrastructures portuaires, les télécommunications, la zone franche et le secteur du transport aérien.


Il s'agirait d'une performance inédite et imprévue par les organismes internationaux. L'économie du pays devrait enregistrer une croissance de 7% en 2017 contre un 6,5% prévue en 2016. Un succès qui se fera grâce à des investissements directs dans les infrastructures portuaires, les télécommunications, les aéroports et dans la zone franche.

« Le taux de croissance est prévu à 7% en 2017 grâce à l'augmentation des investissements directs étrangers », a confirmé le ministre djiboutien du Budget et des finances, Bodeh Ahmed Robleh récemment.

Selon le ministre, cette augmentation sera appuyée par un dynamisme productif des secteurs économiques divers.

Le secteur infrastructures portuaires et aéroportuaires du Djibouti est sous fusion financière de la Chine. Partenaire de luxe, l'empire du milieu permet à Djibouti d'assurer le développement de ses activités portuaires et de faire accroître ses recettes dans les transports aériens. Un bon apport à l'économie du pays qui est très dépendante des services. Grâce à sa position géostratégique, Djibouti se trouve au carrefour de corridors maritimes importants pour l'acheminement de marchandises diverses, mais surtout du pétrole.

En effet, Djibouti est situé en Afrique de l'est, dans la corne, à l'intersection du golfe d'Aden et de la mer rouge, à proximité du détroit de Bab Al Mandab. Environ 40% du trafic maritime mondial passe par là alors que pour lutter contre la piraterie maritime, les USA, la France, le Japon et bientôt la Chine, y disposent d'une base militaire. Une augmentation des recettes dans le secteur des ports, impacterait positivement le développement économique. Le gouvernement ne s'est pas trompé.

Augmenter l'offre des services de base

Le nouveau budget de l'Etat prend en compte les prévisions du pays. Selon les autorités de Djibouti, le budget 2017 tient prioritairement compte de l'objectif d'accroître l'offre de service de base de qualité. Il mise aussi sur une réforme de la fiscalité pour renforcer la gestion des investissements publics, la diversification de l'économie et la stabilité financière.

« Ces nouvelles mesures visent à créer les conditions d'une croissance forte, la promotion du secteur privé et le renforcement du tissu industriel national », explique le gouvernement dans un communiqué du conseil des ministres.

Outres ces dispositions, la nouvelle loi des finances prescrit la poursuite, du dégel des avancements des agents de l'Etat, du programme d'investissements des infrastructures en cours d'exécution dont le terminal minéralier de Tadjourah, le Port de Goubet, l'installation d'aqueduc pour l'approvisionnement de l'eau, le projet de dessalement d'eau de mer, la seconde ligne d'interconnexion électrique avec l'Ethiopie, les constructions des logements, ainsi que la réalisation de forages exploratoires géothermiques.

De quoi consolider la situation macroéconomique et améliorer la gestion des ressources du pays, afin d'atteindre la Vision 2035, la Stratégie de croissance accélérée et de promotion de l'emploi et surtout concrétiser la prévision de 7% de taux de croissance.
 

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The Republic of Djibouti has adopted what3words as its national postal addressing system.

Located in the Horn of Africa, Djibouti is the fifth country in the world to use what3words as an addressing standard for their postal service. The other four countries are Tonga in the South Pacific, Mongolia in Asia, Sint Maarten in the Caribbean, and Cote d’Ivoire on the west coast of Africa.

Djibouti occupies a total area of 23,200 km2 with a population of approximately 850,000 citizens. With only a few named streets, delivering mail is a constant struggle for La Poste Djibouti, the nation’s official postal system.

Until recently, home delivery was restricted to express mail in Djibouti City the capital of the Republic. Any other post would be delivered to centralised PO Boxes, with the recipient responsible for collection.

“Thanks to our partnership with what3words, every place in the country now has a fixed, accurate and immediately assigned address. Each inhabitant living in Balbala or Arhiba, Ali Sabieh or Obock, Randa or Assa Geyla will be able to quickly determine any address, write it on an envelope or communicate it by telephone,” commented Bahnan Ali Maidal, CEO at La Poste Djibouti.

“With our application, individuals and businesses will be able to receive parcels from all over the world. They can sell goods and services throughout the country, insure houses precisely, deliver local products in the middle of the great Bara or on the Goda mountain without losing their way.”

The what3words system divides up the world into uniquely-named 3m x 3m squares which can be used as postal addresses. The system is available both as a mobile app and API integration and works offline without a data connection.

“Our goal has been to create an infrastructure that quickly solves a problem that many countries have been struggling with for years.” said Chris Sheldrick, CEO and Co-Founder of what3words. “La Poste Djibouti are now the fifth country to adopt 3 word addresses within the last 12 months. They have taken the lead and now have a solution that leapfrogs traditional, expensive, and inaccurate street systems. La Poste Djibouti were keen to connect their residents with each other, and the rest of the world. We have worked closely with them for easy implementation and we’re looking forward to doing the same for more regions in the future.”


Le ministre de la Communication, chargé des Postes et des Télécommunications, M. Abdi Youssouf Sougueh, a parrainé ce mardi une cérémonie de signature d’une convention entre la poste de Djibouti et la société What3 Words.

Cette convention de partenariat a été paraphée par le directeur général de la Poste de Djibouti, M. Bahnan Ali Meidal, et le directeur général de la société What3Words, M. Chris Sheldrick.

Ce protocole d’accord va donc permettre à la Poste de Djibouti de recourir au système d’adressage de What3Words. Ce système divise en effet le monde en carrés de 3m x 3m et attribue à chacun une adresse unique de 3 mots.

Par l’entremise de l’opérateur postal national, notre pays est le cinquième au monde et le premier en Afrique de l’Est à faire sien le choix de recourir à cette norme d’adressage.

En adoptant ce système, la poste de Djibouti entend améliorer sa capacité de livraison du courrier à domicile qui, jusque-là, était restreinte aux entreprises et agences gouvernementales traitant de gros volumes de courrier.

Dans une brève intervention faite à cette occasion, le directeur général de la Poste de Djibouti, M. Bahnan Ali Meidal, a expliqué qu’avec ce système la poste sera en mesure de recevoir des colis provenant du monde entier, de vendre des marchandises et des services à travers tout le pays et, surtout, d’effectuer la livraison avec précision.

De son côté, le PDG de What3Words a affirmé que chaque service postal à travers le monde connaît des difficultés d’adressage. A l’entendre, la poste de Djibouti fait office de leader dans la région en mettant en œuvre des adresses de 3 mots.

"Les services de notre opérateur postal auront par ce biais une solution immédiate, supérieure aux systèmes d’adresses postales traditionnels, couteux et imprécis", a-t-il souligné.

Rappelons que What3Words, créée en mars 2013, permet à chacun de définir son emplacement précis et offre aux services postaux un moyen peu onéreux pour livrer le courrier et les colis à domicile, ou les marchandises à une entreprise.
 

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23/02/2017

Le président de la République, M. Ismaïl Omar Guelleh, a reçu aujourd’hui M. Issad Rebab, PDG de la société algérienne CEVITAL qui opère dans le domaine de l’agro-alimentaire.

Le groupe algérien, déjà présent dans notre pays où il assure la gestion du port de pêche, entend obtenir l’attribution de 40 hectares au sein de la zone franche de Djibouti.

« Nous avons fait part au président Guelleh de notre volonté de diversifier nos investissements à Djibouti », a indiqué le PDG de CEVITAL dans une déclaration faite à l’issue de son entretien avec le chef de l’Etat.

« Nous voulons à terme créer à Djibouti des usines spécialement conçues pour la transformation du sucre, de l’huile et des graines oléagineuses » , a-t-il affirmé, avant de saluer les efforts « louables » déployés par notre pays afin de concrétiser son ambition de devenir une plaque tournante du commerce régional.

Arrivant en deuxième rang dans le classement des meilleurs groupes opérant dans le domaine de l’agro-alimentaire en Afrique, la société algérienne CEVITAL possède des filiales dans tous les continents.

Le ministre de l'Agriculture, de l'Eau, de la Pêche, de l'Elevage et des Ressources halieutiques, M. Mohamed Ahmed Awaleh, a pris part à l’entretien entre le chef de l’Etat et le PDG de CEVITAL.

Notons la présence également à cette occasion du président de l’Autorité des Ports et des Zones Franches de Djibouti (APZFD), M. Aboubaker Omar Hadi.
 

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23/02/2017

Le chef de l’Etat, M. Ismaïl Omar Guelleh, a reçu ce jeudi le président du groupe chinois Poly CGL, M. Barton Yu.

L’entrevue s’est tenue au Palais présidentiel en présence notamment du ministre auprès de la Présidence chargé des Investissements, M. Ali Guelleh Aboubaker, et de son collègue de l’Economie et des Finances, chargé de l’Industrie, M. Ilyas Moussa Dawaleh.

Spécialisé dans la réalisation des structures d’acheminement d’hydrocarbures, le groupe chinois CGL est partenaire du projet énergique visant à acheminer du gaz naturel depuis l’Ethiopie jusqu’à Djibouti.

Le groupe chinois est également chargé de la mise en œuvre du projet de création d’une usine de liquéfaction de gaz ainsi que d’entrepôts de stockage dans la localité de Damerjog.

Au cours de ses échanges avec le chef de l’Etat, le président du groupe chinois Poly CGL, M. Barton Yu, a fait un rendu compte sur l’état d’avancement de ce dernier projet, toutes les conditions étant réunies désormais pour que les travaux de construction démarrent très prochainement, selon lui.

Le ministre de l’Economie et des Finances, chargé de l’Industrie, M. Ilyas Moussa Dawaleh, a souligné pour sa part les retombées considérables attendues dans le cadre du lancement du projet d’acheminement de gaz naturel depuis l’Ethiopie voisine.

La réalisation de cet important projet devrait générer près de 2000 emplois, selon M. Ilyas Moussa Dawaleh, qui a fait savoir que l’Etat djiboutien a acquis également en concession un pourcentage sur les volumes de gaz qui seront acheminés depuis l’Ethiopie.

C’est d’ailleurs cette dotation énergétique qui alimentera la centrale électrique qui verra le jour dans la localité de Damerjog
, a-t-il indiqué enfin.
 

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The tiny of country of Djibouti wants to leverage its geographic location, at the entrance of the Red Sea, to become a logistics and light-manufacturing hub. One way it is trying to do this is by establishing free-trade zones where goods can be landed, manufactured and re-exported without being subject to customs duties. Jaco Maritz caught up with Aboubaker Omar Hadi, chairman of the Djibouti Ports and Free Zones Authority, on the sidelines of the recent Africa CEO Forum – held in Geneva, Switzerland – to find out more about the country’s ambitions. Below are slightly edited excerpts of the conversation.

It seems like in the past year or so, Djibouti’s economic opportunities have received increasing attention in the media and elsewhere. Is this a fair assessment?

It is a fair assessment because of the investments happening in Djibouti in terms of transport infrastructure – roads, rail, ports and free zones – as well as developments in the energy sector. Over the last three years we’ve invested around US$2bn, and in the next five years we are planning to invest a further $15bn.

Give us an overview of Djibouti’s free zones, both in terms of what is currently on the ground as well as in the pipeline.

There are two [free zones] for the time being. The first one was developed in the early 1970s and is only 14 hectares (ha); the second one was developed in 2002 and is 17 ha. So now we are really moving to a bigger scale by developing a new free-trade zone industrial park of 4,800 ha. Out of this 4,800 ha, we’ve started developing phase one, which is 600 ha. We are investing around $225m – the contract has already been awarded and construction has started.

We are trying to attract factories and industries from countries where labour costs are rising. Mainly Chinese companies are interested to invest, because their wages in China went up recently. In the coming five years, 85 million jobs will be delocalised out of China, and many will go to Africa. We are preparing ourselves to attract a large share of these businesses – to export goods from Djibouti to Europe and the Middle East as well as east African countries.

Which type of industries are you targeting?

We are looking at light industries such as assembly lines for vehicles and consumer goods – things that are going to be re-exported. You have to understand that Djibouti is not a big market, but it is a gateway to bigger markets. What we did was to locate the ports inside the free zones – the ports and free zones have the same external perimeter fence. Consequently, the movement of goods – such as raw materials or semi-finished products – from the port to the factory inside the free zone are not subjected to customs duties. The same applies for re-exported products.

There is no forex control in Djibouti – our currency is freely convertible. You can transfer any amount you want from Djibouti, and you can bring in any amount you want. That is something that a lot of developing countries don’t have, or cannot offer. The investors that are going to establish their businesses in Djibouti have to know that they can buy spare parts and raw materials, and that there will never be a shortage of foreign currency. They can also repatriate their profits and dividends without any restraint. This is a very unique advantage that Djibouti can offer.

You mentioned Djibouti wants to attract companies from China. But with a relatively small population of just over a million people, does Djibouti have a large enough labour force to do the work?

That’s the question everyone asks. We will see. We want our people to get jobs first. For the time being, it is very hard for us to believe that all Djiboutians will be employed, and that we will start importing labour. We will be more than happy when we see all Djiboutians employed – [for now] that is our main objective.

Describe the advantages of Djibouti’s geographic location?

Djibouti has an exceptional geographic location at the southern entrance of the Red Sea. The shipping route from the Far East to Europe is the world’s second-busiest. We have 99 ships passing by the coast of Djibouti every day. Djibouti is located at the crossroads of three continents – Africa, Asia and Europe. It is a very unique geographical position – we can almost say it is in the centre of the world.

Djibouti’s bigger neighbour Ethiopia is one of Africa’s fastest-growing countries, with its GDP expected to expand by an average of 7.3% from 2016 to 2020. How is Ethiopia’s soaring economy impacting Djibouti?

It is having a positive impact, because as you know Ethiopia is using the port of Djibouti for its foreign trade. All this growth that you are seeing in Ethiopia is coming through our ports, whether imports or exports. So we are benefiting a lot. The fast-growing economy of Ethiopia is really the engine of development in our region.

What are the challenges Djibouti faces as it tries to accomplish its goals?

The challenges are many – mainly the issue we have in the Indian Ocean regarding piracy. There are also some countries around Djibouti which have political instability – like in Yemen, Somalia and Eritrea. So those are the challenges, but we hope that in the coming years the situation will improve.
 

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RIYADH: The Islamic Development Bank (IDB) and Djibouti recently signed an agreement worth $77.8 million to finance the construction of a 220-bed general hospital in the African nation’s capital city.

The project aims to support efforts to combat disease, promote health and achieve economic and social well-being in Djibouti, the IDB said on its website.

Ilyas Moussa, Djibouti’s minister of economy and finance, stressed the importance of the partnership between the African nation and the IDB.

The partnership has resulted in a number of development projects including submarine communication cable which contributed to making Djibouti one of the most important communication centers in Africa.

Moussa said that with IDB’s assistance, Djibouti is looking forward to becoming a link between Africa and the Arab world in the halal industry and Islamic banking.

He added that his country is also looking forward to receiving IDB’s support to achieve social development and capacity building for the public and private sectors to implement the country’s five-year plan, which started in 2016.
He said that his country is working through its partnership with the IDB to realize integration and enhance trade exchange among the countries in the region.

IDB President Dr. Bandar Hajjar affirmed the bank’s readiness to assist Djibouti in the areas of human development and capacity building and to make the best of its efforts to ensure the success of the national plan.
He pointed out that the IDB is studying projects submitted recently by the ministries of health, environment, and woman and family in Djibouti with the intention to contribute to their financing.

The total financing approved by the IDB for Djibouti has reached $256 million for 56 operations in various sectors of economic and social development.
 

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Rwanda-Djibouti : Kagame aimerait faire profiter son pays du nouveau port de Doraleh​


Le président rwandais Paul Kagame aimerait que son pays ne dépende plus seulement du port de Mombasa, au Kenya.

Accord d’exemption de visa entre les deux pays, convention de protection des investissements, mais surtout possibilité pour les importations rwandaises d’utiliser les services du nouveau port polyvalent de Doraleh : telles sont les principales conclusions de la première visite officielle de Paul Kagame à Djibouti, les 18 et 19 avril (une visite qui répondait à celle que son homologue djiboutien Ismaïl Omar Guelleh avait effectuée à Kigali en 2016).

Président d’un État enclavé, Kagame ne veut pas dépendre du seul port de Mombasa, au Kenya – lequel devrait être relié à Kigali par le train à l’horizon 2025 dans le cadre de l’East African Railway Masterplan. Il s’intéresse donc beaucoup à un autre mégaprojet de voie ferrée (Djibouti - Addis-Abeba - Djouba - Kampala - Kigali), également construit par les Chinois. En attendant, la compagnie aérienne Rwandair envisage de desservir Djibouti « dès que possible ».
 
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