Your business and economy news reporter from Djibouti

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AGP Executive Report

Last update: 6 hours ago

Fuel Security Push: Djibouti has begun construction of the Sh20.7 billion (about $160m) Fuelstor multi-product fuel terminal in the Damerjog corridor, aiming for at least 400,000 metric tonnes of storage and a bigger role as a regional trading and logistics hub for petroleum products, LPG and edible oils—built as East Africa scrambles to reduce exposure to volatile shipping and Middle East shocks. Regional Diplomacy: The week also kept Djibouti’s political momentum in view, with the Arab League backing President Ismaïl Omar Guelleh’s new term and regional leaders attending the inauguration. Broader Horn Context: Ethiopia–China ties and Ethiopia’s sea-access push stayed prominent in the background, while migration flows through Djibouti to Yemen continued—67% of April arrivals—highlighting how Djibouti sits at the crossroads of trade, security and human movement.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Djibouti raises stakes with Sh20.7b Fuelstor energy hub

Djibouti raises stakes with Sh20.7b Fuelstor energy hub

Ambassador Anil Kumar Rai on India’s economic & strategic engagement with Ethiopia and African Union

Ambassador Anil Kumar Rai on India’s economic & strategic engagement with Ethiopia and African Union

World’s Best Banks 2026: Africa

World’s Best Banks 2026: Africa

World Bank greenlights $1bln financing to bolster Egypt’s private sector, greener economy

World Bank greenlights $1bln financing to bolster Egypt’s private sector, greener economy


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