INVEST IN DJIBOUTI - Visit Djibouti - Celso Salles
Invest in Africa Collection
por Celso Salles
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%(formato) ISBN:
9798880500512
Sobre o livro
Djibouti is one of the smallest countries in Africa, with an area of 23,200 square kilometers and a population estimated at about 990,000. The size of its economy limits its ability to diversify production and increases its reliance on foreign markets, making it more vulnerable to market downturns and hampering its access to external capital. With less than 1,000 square kilometers of arable land (0.04 percent of its total land area) and average annual rainfall of only 130 millimeters, Djibouti depends almost completely on imports to meet its food needs.
Djibouti’s strength lies in its strategic location at the southern entrance to the Red Sea, marking a bridge between Africa and the Middle East. Adjacent to some of the world’s busiest shipping lanes (between Asia and Europe), it hosts military bases for France, the United States, Japan, China, and the North Atlantic Treaty Organization (NATO), as well as for other countries with forces supporting global anti-piracy efforts.
Djibouti’s economy is driven by a state-of-the-art port complex, among the most sophisticated in the world. Trade through the port is expected to grow rapidly in parallel with the expanding economy of the country’s largest neighbor and main trading partner, Ethiopia. Djibouti has some natural assets that could be used for tourism, untapped marine resources that could support more artisanal fishing, and an infrastructure of undersea telecommunications cables from which it could develop new digital and service industries. Renewable energy could be another source of growth, as Djibouti has geothermal, solar, and eolian potential.
Djibouti's economy is recovering after the decline observed in 2022. The rebound is mostly driven by renewed trade and logistics demand from its key trade partner, Ethiopia following the signing of a peace agreement between the Ethiopian federal government and the Tigray Rebel movement in November 2022. GDP is slated to increase from 3.1 percent in 2022 to 4.7 percent.
Djibouti’s strength lies in its strategic location at the southern entrance to the Red Sea, marking a bridge between Africa and the Middle East. Adjacent to some of the world’s busiest shipping lanes (between Asia and Europe), it hosts military bases for France, the United States, Japan, China, and the North Atlantic Treaty Organization (NATO), as well as for other countries with forces supporting global anti-piracy efforts.
Djibouti’s economy is driven by a state-of-the-art port complex, among the most sophisticated in the world. Trade through the port is expected to grow rapidly in parallel with the expanding economy of the country’s largest neighbor and main trading partner, Ethiopia. Djibouti has some natural assets that could be used for tourism, untapped marine resources that could support more artisanal fishing, and an infrastructure of undersea telecommunications cables from which it could develop new digital and service industries. Renewable energy could be another source of growth, as Djibouti has geothermal, solar, and eolian potential.
Djibouti's economy is recovering after the decline observed in 2022. The rebound is mostly driven by renewed trade and logistics demand from its key trade partner, Ethiopia following the signing of a peace agreement between the Ethiopian federal government and the Tigray Rebel movement in November 2022. GDP is slated to increase from 3.1 percent in 2022 to 4.7 percent.
Site do autor
Características e detalhes
- Categoria principal: Negócios e Economia
- Categorias adicionais Natureza / Vida selvagem, Turismo
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Opção de projeto: 20×25 cm
Nº de páginas: 252 -
ISBN
- Capa dura com ImageWrap: 9798880500512
- Data de publicação: abr 24, 2024
- Idioma English
- Palavras-chavee tourism, Red sea, Africa, Djibout
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Sobre o autor
EDITORA EDUCASAT WORLD
Sarasota, FL
Na Editora Educasat World você encontra livros com novos e importantes conceitos dentro do RENASCIMENTO AFRICANO MODERNO em toda a sua plenitude. Livros impressos, entregues em sua casa, em qualquer parte do mundo. At Editora Educasat World you will find books with new and important concepts within the MODERN AFRICAN RENAISSANCE in all its fullness. Printed books, delivered to your home, anywhere in the world.