The European Business Council for Africa

Djibouti, on the Horn of Africa, is a major gateway connecting global trade routes to landlocked countries in East Africa including Ethiopia. The country’s International Free Trade Zone (DIFTZ) is already enhancing domestic growth and attracting a growing number of international companies, only one year on from its launch. There are already over 80 companies signed up to the zone, from the trade and logistics sectors. These companies come from around the world, including Ethiopia, Europe, the Middle East and China. With the Djibouti International Hotel and the Djibouti International Tower inaugurated last month, and the upcoming connection to Doraleh multipurpose port, yet more international investors and businesses are expected to join soon.

The Djibouti Damerjog Industrial Development (DDID) is also under development and will create complementary opportunities alongside DIFTZ. DDID will include the country’s second oil terminal, as well as a zone dedicated to heavy industry. The work is scheduled for completion next year.

The Eastern Africa Association is planning to organise and lead a Business Mission to Djibouti from February 24th-26th 2020. This will be open to anyone who is interested in joining what promises to be a very interesting visit, hosted mainly by the Port and Free Zones Authority, with the confirmed support from the EU Head of Delegation. It will  be followed the next 2 days (February 27th and 28th) by political and economic briefings on Ethiopia. Please contact the EBCAM office for further details