Djibouti the Singapore of Africa

[Siddhartha]

Djibouti about to become multi ethnic rich enclave of africa. Somalis at top ofcourse

In the past 10 years, Djibouti has attracted some $4bn in investment — from China, Gulf countries and the US, among others — into ports, oil and gas terminals, free trade zones and a 750km rail line that can carry 2,600 tonnes of wheat and fertilisers and 110 containers per trip to Ethiopia.

Djibouti’s port dream to become the ‘Singapore of Africa’

Location and stability reinforce the small desert nation’s ambitions to be a leading maritime trading hub

www.ft.com

 

[Nak-Muay-Kru]

Nothing good's happening in Djibouti until Omar Guelleh and his cronies kick the bucket

 

[cawaale]

4billion in 10 years. So if 1 djoubtian in the west became a billionaire he could’ve invested the same amount. That is shocking. I bet one of the top 10 billionaires could buy every property and business in djbouty.

 

[celidheere]

No they won’t lol

 

[Desert Flower]

Singapore? Oh no honey. They’re getting rid of bus drivers and are testing self-driving public transit. Not even close to Djibouti.

 

[repo]

Singapore and Panama are both democracies. Djibouti can't truly become a democracy because the current clan would lose power. If they wanted to be competitive, they needed to plan early on and foster national identity. However it can still be the main financial center of East Africa.

 

[Yukon_Niner]

Singapore and Panama are both democracies. Djibouti can't truly become a democracy because the current clan would lose power. If they wanted to be competitive, they needed to plan early on and foster national identity. However it can still be the main financial center of East Africa.

IOG runs that place like a family business, shit ain't gonna happen till that wecel croaks.