AGP Executive Report
Last update: 4 hours agoIMF Growth Outlook: IMF projects African economies to keep strong momentum in 2026, with growth rates ranging from 5.9% to 9.2%; Djibouti is forecast at 6.0%, supported by its strategic shipping position. Djibouti-Ethiopia Corridor: A new look at the corridor underlines how tightly Djibouti’s port economy is linked to Ethiopian trade, with Ethiopian transit generating an estimated $1.5–$2bn a year for Djibouti via port fees. Red Sea Shipping Boost: Saudi Ports Authority (Mawani) launched a new Jeddah–India service that also links to the Port of Djibouti, aiming to improve Red Sea supply chains and add capacity. AU Austerity: The African Union says budget gaps mean it is operating with under 30% of required staffing and will move to an austerity 2027 budget. US Visa Hubs: The US plans to cut visa-processing missions in Africa from nearly 50 to 20 hubs, including Djibouti City, reshaping travel costs for business and students. Digital Silk Road: China’s “Digital Silk Road” push is expanding fiber, data centers and satellite links across Africa, with Djibouti highlighted as part of the backbone.
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