Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Djibouti Business Daily.

Wingu Africa Recognised by Premier Switch Solutions for Enabling Banking Innovation in Ethiopia
Wingu Africa recognised by PSS for delivering mission-critical infrastructure at its Tier III Ethiopia data centre, powering secure financial services. ADDIS ABABA, ETHIOPIA, September 8, 2025 /EINPresswire.com/ -- Wingu Africa Recognised by...

WTO members examine LDC trade interests, trade and development priorities
LDC trade interests At the meeting of the WTO Sub-Committee on LDCs on 16 June, members considered several LDC related proposals, including those on LDC graduation, LDC accessions and the future of the Enhanced Integrated Framework (EIF). They...

Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs
In May, the EIF Steering Committee endorsed a recommendation by the EIF Taskforce for a third phase of the initiative, to run up to 2031 in support of the UN Doha Programme of Action for LDCs. Designed to provide catalytic and transformative...

DCO to continue fostering inclusive digital economies as Secretary-General Reappointed on new 4-year term
RIYADH, SAUDI ARABIA, June 6, 2025 /EINPresswire.com/ -- As the global digital economy increasingly serves as an engine for economic and social progress, the Digital Cooperation Organization (DCO) has today reemphasized the necessity of...

KBR Awarded $476M Base Operations Support Contract in Djibouti
HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a firm fixed price, $476M contract by the U.S. Navy Facilities Engineering Systems Command (NAVFAC) to continue performing Base Operations Support (BOS)...

Port Infrastructure Market Expected to Reach USD 315.14 Billion by 2034, with a CAGR of 4.33% | MRFR
Increased global trade Technological advancements Infrastructure modernization Emergence of smart ports Growing demand for green ports NY, UNITED STATES, April 29, 2025 /EINPresswire.com/ -- The port infrastructure market stands as a critical...

Complementary and Alternative Medicine Market Size Worth USD 1,282.70 Bn by 2034
Ottawa, April 23, 2025 (GLOBE NEWSWIRE) -- The complementary and alternative medicine market size was evaluated at USD 154.69 billion in 2024 and is forecasted to cross USD 1.7 trillion by 2034. The market is expected to expand at a solid CAGR of...

Committee advances discussions on trade-related climate measures and technology transfer
Trade-related climate measures Members discussed two new proposals, namely the Republic of Korea's communication titled “Key Considerations for Trade-related Climate Measures (TrCMs): Suggested approaches toward a sustainable future” and the...

Transforming Connectivity: Ethiopia’s First Internet Exchange Hosted at Wingu Africa
Over a year on, ADDIX, Ethiopia’s first Internet Exchange at Wingu Africa continues to boost speed, reliability & affordability, fuelling digital growth. ADDIS ABABA, ETHIOPIA, September 4, 2025 /EINPresswire.com/ -- Transforming Connectivity:...

flynas Celebrates Its First Direct Flight Between Jeddah and Djibouti
Inaugural celebration was held at King Abdulaziz International Airport in the presence of the two countries' ambassadors RIYADH , SAUDI ARABIA, January 8, 2025 /EINPresswire.com/ -- flynas, the leading low-cost airline in the world and the best...

Supporting a brighter future for Djibouti's youth
UN Volunteers with the United Nations Children's Fund (UNICEF) in Djibouti support initiatives that directly impact the future of children. With a quarter of children aged 5 to 17 out of school and 294,000 classified as vulnerable, the volunteer...

WTO members review 30 years of trade development in least-developed countries
The event was opened by Mohamed Warsama Dirieh, Minister of Trade and Tourism of Djibouti, the coordinator of the WTO's LDC Group. The other high-level speakers were Sok Sopheak, Cambodia's Secretary of State of the Ministry of Commerce, Li Fei,...

Africa Capitalworks invests for sustainable impact
Africa Capitalworks fuels Africa’s growth by backing market leaders in vital sectors, delivering strong returns and lasting social and economic impact. MAURITIUS, August 12, 2025 /EINPresswire.com/ -- Africa Capitalworks invests for sustainable...

DG Okonjo-Iweala encourages members to continue advancing trade and development work
DG Okonjo-Iweala acknowledged the progress made in supporting greater integration of LDCs into global trade, but emphasized that much more remains to be done, and that today's dynamics around trade offer new opportunities to do so. "Challenges are...

China begins its Mieso-Dire Dawa Expressway
(MENAFN) Work has commenced on the Mieso-Dire Dawa Expressway, a significant infrastructure initiative forming part of the Ethio-Djibouti Transport Corridor, in Dire Dawa, eastern Ethiopia. At the inauguration event, Ethiopian Deputy Prime...
Rich countries meet only 4% of funds East Africa needs to address climate change -Oxfam
Over 63 million East Africans experienced severe hunger in 2024 and 40% lack access to safe drinking water. East African countries collectively contribute a tiny 0.09% of the global carbon emissions but are some of the worst-hit by the global...

DG Okonjo-Iweala: “More than ever all eyes are on us”
In her report to the TNC, DG Okonjo-Iweala noted that despite rising trade measures, 74% of global goods trade still flows under most favoured nation tariff terms, "but in today's climate of record trade policy uncertainty, safeguarding the...

DG Okonjo-Iweala underscores importance of partnerships to support LDCs
Co-organized by Djibouti, Finland and the Executive Secretariat of the Enhanced Integrated Framework (EIF), the event focused on strengthening international partnerships in support of LDC trade and investment priorities. The vision for EIF Phase...

Wingu Africa Secures $60 Millon Super-Charge East Africa's DigitaI Future
Accelerated rollout of critical digital infrastructure across Djibouti, Ethiopia, and Tanzania supported by Rand Merchant Bank. JOHANNESBURG, GAUTENG, SOUTH AFRICA, June 2, 2025 /EINPresswire.com/ -- Wingu Africa, East Africa’s leading...

Members spotlight transparency and development in discussions on standards and regulations
Daniela García of Ecuador handed over the Committee Chairperson role to Beatriz Stevens of the United Kingdom. Transparency and notification practices The week opened with a special meeting on transparency, featuring speakers from various regions,...