Djibouti’s

08 Aug

Ethiopian Ambassador holds talks with General Manager Djibouti’s Doraleh Port

ethionegari@gmail.com0 CommentsNewsAddisAbaba, Djibouti’s, EthioNegari, Ethiopia, vacancy

Ambassador of Ethiopia to Djibouti, Berhanu Tsegaye, held discussions with Djama Ibrahim, General Manager of Doraleh Multi-Purpose Port, on ensuring sustainable and efficient transit logistics at the port. The discussion is a part of the periodic follow-ups and consultations between the Ethiopian Embassy in Djibouti and Doraleh Multi-Purpose Port. The Ministry of Foreign Affairs said the two sides discussed the need to further enhance the mechanisms of exchanging vital information on export and import data. Issues such as operations between relevant entities of both countries with the view to ensuring sustainable and efficient transit of logistics were also discussed. Last month, Djibouti…

18 Jun

Djibouti’s Economic Growth to Slow Down to 3.5% in 2022

ethionegari@gmail.com0 CommentsNewsAddisAbaba, Djibouti’s, EthioNegari, Ethiopia

The International Monetary Fund (IMF) says Djibouti’s economic growth will slow from nearly 5 percent in 2021 to 3.5 percent in 2022 due to external shocks. The IMF said this after its team, led by Brett Rayner, concluded a five-day-long visit to Djibouti on Thursday. In a statement today, the Fund says Djibouti’s economy rebounded from pandemic-related disruptions in 2021. The economic recovery, however, “appears uneven”, Raynor said, “following a series of external shocks”. “While the economy has rebounded from pandemic-related disruptions with growth of nearly 5 percent in 2021, port activity remains weak due to the conflict in Ethiopia…