Djibouti

Background

The French Territory of the Afars and the Issas became Djibouti in 1977. A peace accord in 1994 ended a three-year uprising by Afars rebels.

The economy is based on service activities connected with the country's strategic location and status as a free trade zone in northeast Africa. Two-thirds of the inhabitants live in the capital city, the remainder being mostly nomadic herders. Scanty rainfall limits crop production to fruits and vegetables, and most food must be imported. Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. It has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. An unemployment rate of 50% continues to be a major problem. Inflation is not a concern, however, because of the fixed tie of the franc to the US dollar. Per capita consumption dropped an estimated 35% over the last seven years because of recession, civil war, and a high population growth rate (including immigrants and refugees). Faced with a multitude of economic difficulties, the government has fallen in arrears on long-term external debt and has been struggling to meet the stipulations of foreign aid donors. Another factor limiting growth is the negative impact on port activity now that Ethiopia has more trade route options.

Holidays

Ps: Muslim festivals (*) are timed according to local sightings of various phases of the moon and the dates given above are approximations.

Phone Codes

Country Code: 253
Outgoing International Code: 00

Resources

Market Research

CIA - The World Factbook - Republic of Djibouti
This website indicates a wide range of detail information about Djibouti by introducing under 8 different fields as its geography, people, government, economy, communications, transportation, military, transnational issues.

About Djibouti
There is available to find out Djibouti's general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.

Business Directory - Djibouti
Wow-directory creates cross-referenced categories in business opportunities for Djibouti as business-to-business, classifieds, cooperatives, directories, organizations & trade.

Djibouti Business
This webpage contains a list of links to sites in Djibouti and Djibouti related sites in terms of its business, trade, economy, politics and so forth.

OPIC Links - Investor's Information Gateway for Djibouti
There is available country database information links which are efficient for the new investors planned to do business in Djibouti including the contact lists of the institutions, organization related to Djibouti's business.

Djibouti Post
It is the online news of Djibouti that supplies both national and international news primarily on the issues of politics, economy & business.

Djibouti Business Profile
Mbendi serves as a directory providing an ultimate African Business Source for the potential investors seeking new business opportunities in Djibouti.

UK Trade & Investment - Djibouti
UK Trade & Investment is the Government organisation that supports both UK companies trading internationally and overseas enterprises seeking to locate in the UK.

Business Opportunities - Djibouti
This website supplies cross-referenced categories in business opportunities of Djibouti under by affiliate programs, communication, franchises and MLM & network marketing.

Trade Guide for Djibouti
There is available to get comprehensive information not only about Djibouti's imports, export regulations and other formalities and documents related to commercial transactions but also main exported and imported products & trading partners in Djibouti and so forth.

Doing Business in Djibouti
World Bank Group analyzes the business environment and investment climate in Djibouti under news & events section for the potential investors in details.

U.S. Department of State - Bureau of Consular Affairs - For Djibouti
U.S. Bureau of Consular Affairs creates a wide range of research named as Consular Information Sheet on Djibouti in terms of analyzing its social, political, cultural & economic environments.

Trade Information

Embassies of Djibouti
There is available a list of Embassies related to Djibouti including their contact information.

Djibouti Chamber of Commerce
This webpage provides the contact information of Djibouti Chamber of Commerce.

Djibouti Government Profile
It displays the structure of Djibouti's government in details.