Current Development Projects and Future Opportunities in Djibouti
Djibouti’s biggest business and economic strength comes from its strategic geographical location as it boasts 314 km of Red Sea coastline. The major portion of the country’s revenues (almost 75%) is generated from international and transit port activities through various transit and harbor taxes. Djibouti also supports various landlocked African countries, such as Ethiopia, by providing a route for exporting and trading goods and supplies.
Further, its close strategic ties with France and the United States and its status as a free trade zone in North East Africa have seen Djibouti emerge as a strategically important economy in the African
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