Press Releases

Ethiopia and Djibouti’s renewed resolve for cooperation and economic integration

Download logo The meeting was held in a spirit of brotherhood that reflected the excellent relations between the two countries. At the same time, it also provided a unique platform for both countries, to serve as a venue for the determination of...

Legal battle for control of Djibouti Ports comes to Hong Kong

One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement with a strategically located African nation, in the city’s first court case involving China’s Belt and...

Djibouti: 2014 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti

From Global Times: Djibouti denies being ‘induced’ by Chinese firm to breach contract

Loans from China ‘shape Djibouti’s economic development’ BEIJING, Nov. 08, 2018 (GLOBE NEWSWIRE) -- A senior Djibouti government official dismissed the accusation that the African country was "illegally induced" by a Chinese company to breach a...

IMF Staff Concludes the 2018 Article IV Consultation Mission in Djibouti

December 19, 2018 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent...

Will Djibouti Become Latest Country to Fall Into China’s Debt Trap?

Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay back. In both countries, the...

Despotic Djibouti a dragnet to Horn of Africa development

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...

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

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...

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

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...

Impoverished Djibouti has nothing to show for its wealth

WITH vast amounts of aid flowing into government coffers and its strategic position boasting one of the busiest shipping lanes, Djibouti ought to be among the wealthiest countries in the African continent. However, the irony is that the tiny...

Egypt and Saudi Arabia: Any good relationship needs work

It is a particularly exhausting time to be an Arab foreign minister. On June 21, Saudi Foreign Minister Prince Faisal bin Farhan reiterated his country’s condemnation of the State of Israel’s “blatant aggression” against the Islamic Republic of...

High Court of England & Wales restrains Djibouti’s port company from terminating joint venture with DP world

Download logo The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP World as terminated....

The trade of illegal weapons implicates senior government officials in Djibouti – Report

EXX Africa (www.EXXAfrica.com) published a special report on the arms trade in the Horn of Africa. Download the report: https://bit.ly/2CcF7hr The trade of illegal weapons implicates senior government officials in Djibouti, which suggests that the...

Macro-Fiscal Implications of Climate Change: The Case of Djibouti

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the...

Zim general warns on foreign bases in Djibouti

Download logo 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...

DP World: Media Statement on Djibouti's Doraleh Container Terminal

Download logo Today’s statement by the Djibouti government states that it does not acknowledge the decision of the London Court of International Arbitration demonstrates that Djibouti does not recognise the international rule of law. The Court’s...

Task Force Alamo Arrives in Djibouti, Assumes Security Mission

CAMP LEMONNIER, Djibouti -- One Texas Army National Guard battalion transferred security force responsibilities for Combined Joint Task Force Horn of Africa to another at a ceremony here July 5. Soldiers assigned to 3rd Battalion, 144th Infantry...

Subsidies on school uniform mask deeper Djibouti anomalies

THE autocratic regime of President Ismaïl Omar Guelleh has yielded to public pressure to lower the price of uniforms for students at basic education level but this is seen as a smokescreen to divert attention from major issues afflicting the...

Africa: Djibouti National Day

On behalf of President Trump and people of the United States, I wish the people and government of Djibouti a happy national day as you celebrate the 41st anniversary of your independence on June 27. Our peoples and governments have long benefited...

Trump plans on deporting migrants to war-torn African states

(MENAFN) The US Supreme Court has approved the Biden administration’s authority to deport immigrants to third countries, including conflict-affected nations like South Sudan and Libya, regardless of the migrants’ countries of origin. This ruling,...