Djibouti's Minister of Economy and Finance, Ilyas Moussa Dawaleh, led a high-level delegation to the 11th annual assembly of the Asian Infrastructure Investment Bank (AIIB) in Doha on September 28, 2026. The assembly, themed "Infrastructures of Tomorrow: Impact and Innovation," marks the AIIB's entry into its second decade. The event brings together representatives from member countries, public decision-makers, business leaders, financial partners, and civil society organizations.
The AIIB, based in Beijing, is a multilateral development bank established by international treaty. With 111 members, it has a capital of $100 billion and holds a AAA rating. During its first decade, the AIIB invested over $60 billion in more than 300 projects across 38 economies. The bank aims to mobilize at least $75 billion in additional funds by 2030. These investments focus on sustainable and resilient infrastructure, aligning with Djibouti's priorities.
The assembly's discussions centered on sustainable infrastructure, climate financing, and public digital infrastructure. Participants also explored mobilizing private capital, innovative and mixed financing, and trans-border connectivity and major commercial corridors between Asia and the Middle East. These topics resonate with Djibouti's strategic location at the crossroads of commercial routes between Africa, the Middle East, and Asia.
Minister Dawaleh met with AIIB President Zou Jiayi, emphasizing Djibouti's commitment to leveraging this partnership to accelerate investment in sustainable and resilient infrastructure. This investment aims to support Djibouti's growth and regional integration. The country's strategic location and economic priorities align with the AIIB's objectives, making it an attractive partner for infrastructure development.
The AIIB's investment portfolio reflects its commitment to sustainable development. With a focus on infrastructure, the bank has supported projects that promote economic growth, reduce poverty, and improve living standards. Djibouti, as a member country, can tap into these resources to address its infrastructure needs and promote economic development.
The annual assembly provided a platform for member countries to share experiences, best practices, and innovative solutions in infrastructure development. It also offered opportunities for networking and collaboration among stakeholders, including governments, businesses, and civil society organizations. Minister Dawaleh's participation underscores Djibouti's proactive approach to engaging with international partners and leveraging resources for sustainable development.
As the AIIB continues to mobilize resources for infrastructure development, Djibouti is poised to benefit from its membership. With a focus on sustainable and resilient infrastructure, the country can address its development needs while promoting regional integration and economic growth. The AIIB's investments are expected to have a positive impact on Djibouti's economy and improve the living standards of its citizens.
Key points
- Djibouti's Finance Minister Ilyas Moussa Dawaleh leads a delegation to the 11th annual assembly of the Asian Infrastructure Investment Bank (AIIB) in Doha.
