Doing Business in Djibouti. Djiboutian economy

Course summary (Business in Djibouti):

The Republic of Djibouti has a advantaged strategic location in the Horn of Africa and serves as a link for interconnection with other countries of the Common Market for Eastern and Southern Africa (COMESA). The Republic of Djibouti wish to leverage its strategic positioning to be a regional hub in international trade, financial and telecommunications.

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: Common market for Eastern and Southern Africa (COMESA), Intergovernmental Authority on Development (IGAD), the Arab world, the European Union market (Cotonou agreement - GSP) and the United States (Act Growth and Opportunity in Africa AGOA) ...

Djiboutian economy depends on the service sector (87% of Gross domestic product). The economic growth of the port of Djibouti has also been allowed by important Foreign direct investment (FDI) from the United Arab Emirates (UAE); In 2000, Dubai Ports (the 3th world port operator), has obtained the control of the port.

Example of the course doing business in Djibouti:

Institutions and Agreements of Djibouti:
- League of Arab States
- EU's Generalised System of Preferences (GSP)
- AGOA United States Africa
- Organization Islamic Conference
- Islamic Development Bank
- Cotonou Agreement
- Forum Africa China
- Forum Africa India
- African Development Bank
- Asia - Middle East Dialogue (AMED)
- Summit of South American Arab Countries (ASPA)
- Economic Commission for Africa (UNECA)
- New Partnership for Africa's Development (NEPAD)
- African Union AU

Djibouti (23,200 kilometers ²), shares borders with Eritrea, Ethiopia and Somalia.

Master in International Business for African students