Doing Business in Djibouti
EENI - Business School.
Subject (Course): International Trade and Business in Djibouti.
- Introduction to the Republic of Djibouti (East Africa).
- Djiboutian Economy.
- International Trade.
- Port of Djibouti
- Telecommunications and New Technologies.
- Foreign Direct Investment in Djibouti.
- Introduction to French and Arabic
- Access to the Djiboutian Market
- Business Plan for Djibouti
Objectives of the subject “Doing Business in the Republic of Djibouti”:
- To analyse the Djiboutian economy and foreign trade
- To evaluate business opportunities in Djibouti
- To explore Djibouti's trade relations with the student's country
- To know Djibouti's Free Trade Agreements
- To analyse the importance of the Port of Djibouti
- To develop a business plan for the Djiboutian Market
Sample of the subject - Doing Business in Djibouti:
Subject Description (Doing Business in Djibouti):
The Republic of Djibouti:
Djibouti: an economy based on services (marine transport and telecommunications).
Strategic location in the Horn of Africa. Access to the Ethiopian market.
The Republic of Djibouti has an 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.
- Area: 23,200 square kilometres
- Djibouti shares borders with Eritrea, Ethiopia, and Somalia.
- Capital: Djibouti (21,200 people)
- The official languages: Arabic and French
- Djiboutian population: 890,000 people
- Type of Government: Semi-Presidential Republic
- Independence from France: 1977
Religion in Djibouti: Islam (94% of the population).
- Fiqh: Shafi'i.
- After independence, the Republic of Djibouti built a legal system
based partly on Islamic Law.
- The Constitution of Djibouti states Islam
as the only religion of the State, while it provides equality of citizens of all faiths (Article 1) and freedom of religious practice (Article 11).
- The Republic of Djibouti
wishes to leverage its strategic positioning to be a regional
international trade, financial services, and telecommunications.
- This small country (890,000 inhabitants) is also characterised by a
unique climate of security in this region.
- Djibouti has created an
enabling environment for foreign direct investment (FDI).
- Around the Port of Djibouti and the railway from Djibouti - Ethiopia; 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 the financial, logistical, and telecommunications sectors.
- The main trading partner of Djibouti is France; but like the rest of Africa, China is every day more
necessary in Djibouti.
- The Republic of Djibouti offers access to many
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), the Intergovernmental Authority on Development (IGAD), the Arab world, the European
Union market, and the United States
- Djiboutian economy depends on the service sector (87% of the gross domestic product).
- The economic growth of the port of Djibouti also has been allowed by
substantial foreign direct investment from the United Arab Emirates;
in 2000, Dubai Ports (the third world port operator), has obtained the control of the port.
The N’djamena-Djibouti Corridor
Djibouti has preferential access to
- Common Market for Eastern and Southern Africa (COMESA)
- Community of Sahel-Saharan States (CEN-SAD)
- Intergovernmental Authority on Development (IGAD)
- COMESA-EAC-SADC Tripartite Trade Agreement
- Cotonou Agreement
- Generalised System of Preferences (European Union-Djibouti)
- African Growth and Opportunity Act (AGOA)
- COMESA-United States Trade Agreement
Djibouti is a member of:
- Arab League
- Afro-Arab cooperation
- Arab Bank for Economic Development in Africa (BADEA)
- Organisation of Islamic Cooperation (OIC)
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
- Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation
- Islamic Chamber of Commerce and Industry
- Islamic Centre for the Development of Trade
- Statistical, Economic and Social
Research and Training Centre for Islamic Countries
- Islamic Development Bank
- Forum Africa (Djibouti) China
- Forum Africa (Djibouti) India
- African Development Bank
- Asia-Middle East Dialogue (Djibouti)
- Summit of South American-Arab Countries (Djibouti)
- Economic Commission for Africa (ECA)
- Africa (Djibouti) - BRICS
- New Partnership for Africa's Development (NEPAD)
- African Union (AU)