Tuesday, July 9, 2024

Djibouti Problems 7-9-24

Strengths: Geostrategic position at the entrance to the Red Sea and support from the international community. The country's emergence as a regional commercial, logistical and military hub, Influx of foreign direct investment. Modernization of port and rail infrastructure, free trade zones, At the heart of China's Silk Road project. Ethiopia's only access to the sea, through which over 90% of its trade passes. 

Weaknesses: High risk of over-indebtedness, Dependence on Ethiopia and China, Large informal economy: widespread poverty and unemployment, Arid climate, Difficult business environment.

Norb Leahy, Dunwoody GA Tea Party Leader

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