AGP Executive Report
Last update: 6 minutes agoEnergy Corridor: PetroChina is exploring a 1,550-kilometre oil route from South Sudan through Ethiopia to Djibouti, alongside a proposed 300,000-cubic-metre storage depot and possible refinery at Damerjog. The plan could strengthen Djibouti’s role as a regional energy hub, though it remains under discussion. Public Finances: The government cut its 2026 budget by 2.2% after revenue fell 12.88 billion francs short of forecasts by May; the revised budget totals 168.48 billion francs. Industrial Growth: A new ECA study says AfCFTA could help Djibouti diversify beyond ports and logistics by expanding manufacturing and regional value chains. The country’s GDP more than tripled between 2010 and 2025, the study notes. Trade Links: Emirates Shipping Line has split its India–Red Sea network into two services, with one connecting Djibouti to Indian, Jordanian, Egyptian and Omani ports.
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