Djibouti Forum Calls For Optimism And Greater Collaboration Amidst Policy-induced Global Turbulence

This year's Djibouti Forum convened over 150 international guests from 51 countries, including institutional investors overseeing more than 2.6 trillion in cumulative assets.

A common thread throughout the discussions was the need for greater strategic partnerships as well as a call for greater domestic resource mobilisation, allowing pension funds and sovereign wealth funds to take greater risks.

Prime Minister Abdoulkader Kamil Mohamed declared that Djibouti was ready to diversify its economy beyond its well-established ports and logistics sector, which he described as "one of the most efficient and sophisticated in Africa."

"Renewable energy, the digital economy, tourism, and financial services are all at the heart of this next chapter. We're looking for access to capital, expertise, and partners who share our long-term vision."

The Prime Minister reassured investors of Djibouti's unwavering commitment to maintaining peace and fostering economic and political stability. "The pillar of our strategy in Djibouti is stability. Our currency, pegged to the dollar since 1949, offers investors a degree of stability that is rare in Africa," he remarked.