Browsing: Djibouti

Raila Odinga Mahmoud Youssouf

Djibouti to Kenya: Africa deserved better than Raila Odinga

Countries
  • On Saturday, Djibouti’s Mahamoud Youssouf emerged victorious in AUC chairmanship elections, securing 33 votes in the seventh round.
  • However, Kenya’s Ruto claims that the continent lost a valuable opportunity by not electing Raila Odinga.
  • For Djibouti, Africa deserved better than Raila.

The rivalry between Kenya and Djibouti that was marked by campaigns leading up to the election of the African Union Commission Chairman (AUC) post appears far from over. In the latest twist, authorities in Djibouti have hit back at President William Ruto who on Sunday expressed disappointment over the failure of leaders of Africa to vote Kenya’s candidate Raila Odinga.

In a post on X (formerly Twitter), Amb . Moussa Mohamed Omar of Djibouti stated, “In response to President Ruto on Citizen TV Kenya: claiming Africa “lost an opportunity” is dishonest. 33 heads of state chose Mahmoud, the right choice for Africa’s challenges, refusing to let the AU …

EU backs Djibouti in regional connectivity, increased trade

Countries
  • The EU is supporting efforts in the Horn of Africa that will boost regional economic integration and trade. 
  • Djibouti’s major trading partner countries include Ethiopia and troubled Somalia.
  • Trade Mark Africa is helping implement a single window system which is already in use across EAC.

The EU has expressed its support for Djibouti’s plan to enhance connectivity within the Horn of Africa, a move that will promote trade with Ethiopia, one of the region’s biggest trade partners.

This collaboration is in sync with the African Alliance for e-commerce, a consortium comprising 18 member countries, dedicated to advancing the Single Window concept. This alignment adheres to the recommendations set forth by international institutions.

A pivotal project within the Alliance is the establishment of a Regional Single Window, designed to seamlessly interconnect all national platforms. The overarching goal is to streamline trade processes, bolstering the competitiveness of African nations on the global …

Afreximbank’s $120M loan to accelerate Djibouti’s economic growth

Banking

Djibouti is set to receive a $120 million loan from the African Export-Import Bank (Afreximbank) in a deal targeting projects that will accelerate the country’s economic growth. 

The financing, which will go to Djibouti’s Great Horn Investment Holding (GHIH) to execute projects in the country’s Damerjog Industrial Development Free Trade Zone,  is part of a total facility amount of $155 million. The remaining $35 million will be financed through Banque pour le Commerce et l’Industrie Mer Rouge of Djibouti. …

Improving the tourism sector in Djibouti

Investing

Economic diversification beyond commerce, as defined in the Djibouti Vision 2035 plan, the government’s national development program released in 2014, would depend primarily on the country’s capacity to sustainably enhance its tourism offerings.

While President Ismael Omar Guelleh’s administration has succeeded in increasing infrastructure investment, which is critical to fostering tourism, the nation still has a long way to go in enhancing international connectivity and domestic accessibility to become a top tourist destination.…

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South Sudan, Djibouti sign MoU to lay fibre optic cable

Tech & Business

South Sudan and Djibouti have signed an MoU to lay fibre optic cable from Djibouti to South Sudan’s capital, Juba, via Ethiopia. Djibouti’s fibre optic is not the first telecommunications infrastructure that South Sudan is connecting to. In January 2020, Liquid Intelligent Technologies (LIT) announced the installation of a 200km fibre backbone to connect the Uganda border to Juba.

Authorities believe additional data capacity will enable the country to successfully implement its digital transformation strategy by making broadband internet connectivity more affordable. South Sudanese officials said the agreement would ensure that region is connected to the international community and reduce the high cost of the internet.

South Sudan’s Ministry of Information, Communication Technology and Postal Services said South Sudanese and Djibouti government officials would establish a technical committee to oversee the project.…

Calming the storm: What needs to be done in Africa’s seaports improve efficiency

Industry and Trade

Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments, but the inability to save due to insufficient funds after fulfilling their obligations that require regular funding and the availability of quick digital loans.

Among their obligations which contribute to Kenyans’ financial strain is supporting their extended family which considerably bites into their savings. 84 per cent of people indicated that they regularly provide some income to their extended family, mostly in case of emergencies, because they feel a sense of obligation to send their extended families money and because their extended family members treat them better when they are sent money.

On their part, the extended family members mostly use the money to cater to recurring expenses like food & transport, school fees and medical expenses at 23 per cent, 19 per cent and 18 per cent respectively. Farm-related…

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The most expensive mobile data in Africa

Lifestyle

Africa has some of the most expensive mobile data services in Africa. With the increase in connectivity via smartphones, people in emerging markets can use their portable devices for more things each passing day. Most of us have a smartphone with mobile data that we can carry anywhere and as soon as we step home we switch to our Wi-Fi not to overuse our mobile data; which is most of the time unfairly overcharged.

However some people do not have the privilege to afford both mobile data and internet at home, so they opt for the more expensive but more portable mobile data. Everyday, people in emerging African countries are forced to take this decision and are sometimes charged the most expensive prices in the world for mobile data. What is important to know also is the dependency and impact of smartphones in lower income communities.

With a difficulty in …