Djibouti's ambassador to Egypt Mohamed Zohr Harsi announced that his country allocated 1 million square meters of land to Egypt for the construction of a logistics zone to help boost Egypt’s exports to the Subsaharan African country.
"Maybe there were some circumstances that hindered the activation of such agreements but now both countries are cooperating. We will soon witness the outcome of such cooperation, fostered by President Abdel Fatah al-Sisi", he said in a statement reported by Egypt Today.
Djibouti is at a strategic position between the Gulf of Aden and the Red Sea, between Eritrea and Somalia. This country of less than 1 million residents is the transit country of 95% of the imports of neighbouring Ethiopia, a country of about 100 million residents. It is also very close to Bab Al Mandab strait, a transit point for 40% of the world’s maritime traffic.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, creating 500 jobs at the Nouaceur Midparc...
AFDG acquires Butembo copper project via reverse takeover U.S.-listed firm rebrands as Copper Intelligence Project lacks compliant resource estimate...
Kenya recorded about 2.54 billion cyber threat incidents in a single quarter of 2025 Nigerian organisations faced around 4,700 attempted attacks per...
National large language model to power government services, education, and healthcare Over 350 AI firms and 100 investors attend summit in Cairo Move...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...