AGP Executive Report
Last update: 5 hours agoRail Link: Ethiopia and China signed a $15 million grant to provide spare parts, equipment and training for the Ethio-Djibouti railway, supporting a key freight route to Djibouti’s port. Trade Growth: A UNECA estimate says AfCFTA could lift intra-African freight demand by 28% by 2030; Djibouti’s transit cargo has already risen 7.26%, though aging port infrastructure is constraining trade. French Base Deal: Djibouti has taken back 40% of facilities at France’s Heron Island installation, while France’s annual payment for its presence rises to €85 million. Ports and Logistics: Somalia’s parliamentary speaker toured Djibouti’s free zone and Doraleh terminals, with talks focused on trade, port management and logistics cooperation. Public Finances: Djibouti cut its 2026 budget by 2.2% after revenue fell nearly 13 billion francs short of plan. Energy Investment: Dangote’s planned fuel pipeline linking Djibouti and Ethiopia is part of a wider push to expand regional fuel storage and distribution.
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