We want to assist you with Invest Djibouti, get Business Opportunities in Djibouti as well as to search for and connect with leading Companies in Djibouti. We also provide a list of key Government trade advisors who assist you with doing business in Djibouti and other relevant business information on Djibouti. Specifically we offer three digital portals that are FREE to use and will be of interest to you…..You can join our Africa Business Community FREE so we can promote your company here. After that if you have a specific investment or business proposition add it to the Africa Business Opportunities Dashboard FREE. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Community here. Fast growing, more established Djibouti companies with experienced management teams looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
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Country overview: Djibouti Republic is located in East Africa bordering the Gulf of Aden and the Red Sea. It Shares borders with Eritrea in the North, Somalia in the South, and Ethiopia in the South West. It gained its independence from France on 27 June 1977. Its constitutional capital is Djibouti with 6 Administrative divisions. It is a multiparty Presidential Republic with the President sitting as the Head of state and Prime Minister as the Head of government. It runs a unicameral national assembly as the legislative arm of the government. Arabic and French are the official languages. It is a predominantly moslem country. It practices a mixed legal system comprising of French civil code of 1997, customary law, and Islamic religious law. It has an area size of 23,200 sq km. Djibouti has a strategic location near the world’s busiest shipping lanes and close to Arabian oilfields.
Demographic Information: Djibouti Republic has an estimated population of 921,804 comprising mostly of younger population (less than 25 years) which makes up about 50.2% of the population, those in the age bracket of 25-64 years makes up about 45.7% of the population and above 65 years age group makes up about 4.0% of the population. Average population density is estimated at 43 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 67.4 years (Women) and 62.1 years (Men). It achieved universal primary education with an 75.29% Primary enrolment rate in 2019.
Broad Economic Overview: The Djibouti economy is a service-based economy as it depends on commerce due to its strategic location at the mouth of the Red Sea, making its deep-water port facilities and railway key assets. It provides services as both a transit port for the region and an international transhipment and refuelling centre. Djibouti has few natural resources and little industry. In 2018, the country launched Africa’s biggest free-trade zone to be managed by Chinese companies. Real GDP growth has remained strong, estimated at 7.5% for 2019 driven by public investment in rail and port infrastructure. It recorded a modest GDP growth in the past 5 years having grown 6.5% (5yr compound annual growth) over the period. Its currency is Djibouti Franc which is pegged to US Dollars. Main export includes reexports, hides and skins, scrap metal etc. Major imports include Petroleum Product, Clothing, Chemicals, Foods, transport equipment’s etc.
Investment Opportunities: Djibouti government has implemented three major policies which is expected to boost economic momentum (National Employment Policy 2014–24 which aims to develop the small and medium enterprises subsector, the Education Action Plan 2017–19, and the National Agricultural and Food Security Investment Plan 2016–20). Also, the government is pursuing infrastructure projects which aims to transform the country into a logistics and commercial hub for East Africa. Sectors with potential investment opportunities include Livestock, Tourism, Fishing, Banking, Infrastructure, Telecom, Renewable Energy and Housing.
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African Development Bank: www.afdb.org
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BBC Africa: www.bbc.co.uk/news/world/africa
Investing in Africa: www.invest-in-africa.co
Our team has enormous experience living, working and investing in Africa. We have a comprehensive view on investment opportunities in Africa and Africa’s most important investors and we cover all 54 countries in Africa. As such we should be able to assist you on your query on Invest Djibouti. Our experience is evidenced by the success of our annual AFSIC – Investing in Africa event which we believe is the largest annual Africa investment event taking place outside Africa, and one of the most important conduits of investment into Africa. More information on us and our team is available here.