AGP Executive Report
Last update: 8 hours agoMaritime Trade: Houthi authorities say Saudi jets damaged the historic Mayun Island lighthouse near Djibouti, a key aid to ships in the Bab el-Mandeb. The damage has not been independently verified, but any disruption to navigation in the strait threatens regional trade and shipping safety. Digital Economy: Djibouti has discussed mobilising World Bank support for digital upgrades to public services, including more efficient administration; no funding commitment was announced. Fuel Logistics: Aliko Dangote’s group is developing a Djibouti–Addis Ababa supply corridor with storage facilities, linking its refinery to Ethiopia’s market. Trade and Investment: During talks in Beijing, China and Djibouti backed stronger trade and logistics ties, including using the Addis Ababa–Djibouti Railway corridor to expand investment and regional connectivity. Jobs: Recent international estimates put Djibouti’s broad unemployment rate at 52.5%, among the highest for small states—underscoring the need to grow industries beyond port activity.
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