Djibouti recently hosted a panel discussion as part of the Francophone Economic Mission, highlighting the country's potential for investment and business growth. The session, titled "Doing Business and Investing in Djibouti," brought together institutional leaders and private sector actors to explore opportunities in the country. The discussion was moderated by Malik Garad, country economist for Djibouti at the African Development Bank (AfDB).
The panel featured several high-profile participants, including Mariam Hamadou Ali, minister delegate in charge of investments and private sector development; Youssouf Moussa Dawaleh, president of the Djibouti Chamber of Commerce; and Aboubaker Omar Hadi, president of the Djibouti Ports and Free Zones Authority. Hasna Barkat Daoud, a lawyer and honorary consul of Canada, also participated in the discussion. The participants examined the business environment, investment conditions, and port and logistics infrastructure.
Djibouti's strategic location at the entrance to the Red Sea, one of the world's busiest shipping lanes, was a key topic of discussion. The country's representatives presented Djibouti as a regional platform for trade and investment, leveraging its unique geography to attract investors. The role of free zones in promoting regional and international trade was also a central theme in the discussions.
The panel discussion aimed to strengthen economic ties between Djibouti and Francophone countries. The event provided a platform for Djibouti to showcase its investment opportunities and business-friendly environment. The country's ports and free zones were highlighted as key sectors for growth and investment.
The Francophone Economic Mission is part of a broader effort to promote economic cooperation between Francophone countries. Djibouti's participation in the mission reflects its commitment to engaging with the international community and attracting foreign investment. The country's government has implemented various initiatives to improve the business environment and encourage investment.
Djibouti's economy has been growing steadily in recent years, driven by its strategic location and investment in infrastructure. The country's ports and free zones have become major hubs for trade and commerce in the region. The government has also implemented reforms to simplify business procedures and attract foreign investment.
The panel discussion concluded with a call to action for investors to explore opportunities in Djibouti. The country's representatives expressed their commitment to working with investors and providing support for business growth. The event provided a valuable platform for Djibouti to promote its investment opportunities and strengthen economic ties with Francophone countries.
Key points
- Djibouti's strategic location at the entrance to the Red Sea makes it an attractive destination for investors.
- The country's ports and free zones are key sectors for growth and investment.
- Djibouti is committed to strengthening economic ties with Francophone countries and attracting foreign investment.
