Djibouti has a strategic location in the Horn of Africa.
The Republic of Djibouti has an advantaged strategic location in the Horn of Africa and serves as a link for the interconnection with other
member countries of the Common Market for Eastern and Southern Africa (COMESA).
Djiboutian Area: 23,200 km²;
Djibouti shares borders with Eritrea, Ethiopia, and Somalia;
Djiboutian Capital: Djibouti (21,200 people);
The official languages of Djibouti are Arabic, French and Somali;
Djiboutian population: 890,000 people;
Type of Government: Semi-Presidential Republic;
Independence of Djibouti from France: 1977.
More information about Djibouti (EENI African Business Portal).
Religion in Djibouti: Islam (94% of Djiboutian population).
After the independence, the Republic of Djibouti built a legal system based partly on the Islamic Law;
The Constitution of Djibouti states Islam as the only religion of the State, while it
provides the equality of citizens of all faiths (Article 1) and freedom of religious practice (Article 11).
Djibouti belongs to the East African Economic Area (African Civilization).
Djiboutian Economy:
The Republic of Djibouti
wishes to leverage its strategic position to be a
regional hub for the international trade, financial services, and telecommunications;
This small country (890,000 inhabitants) is also characterized by a
unique climate of security in this region;
Djibouti has created an enabling a good environment for the foreign direct investment;
Around the Port of Djibouti and the Djibouti-Ethiopia Railway; it has been developed other key sectors: banking, insurance, and distribution;
Djibouti, as other city-states like Singapore and Mauritius, wishes to take profit of its strategic position to become a regional centre in financial,
logistics, and telecommunications sectors;
The main
trading partner of Djibouti is France; but like the rest of Africa, China is every day more important in Djibouti;
The Republic of Djibouti offers access to many regional markets for companies seeking to expand their business;
Djibouti has preferential access to the countries of the Common Market for Eastern and Southern Africa (COMESA), Intergovernmental Authority on Development (IGAD), Arab world, the markets of the EU, and the U.S. (AGOA);
The Djiboutian economy depends on the services sector (87% of the gross domestic product);
The Economic Growth of the port of Djibouti also has been allowed by substantial foreign investment from the United Arab Emirates;
in 2000, Dubai Ports (the third world port operator), has obtained the control of the port;
Headquarters of the Intergovernmental Authority on Development (IGAD).
(c) EENI Global Business School (1995-2023)
We do not use cookies Top of this page