AGP Executive Report
Last update: 10 minutes agoTrade: Egypt and Djibouti signed a protocol to expand market access and investment, with pharmaceuticals, fertilisers, food, agricultural goods, electronics and engineering products among potential exports. Djibouti says it will work to remove trade barriers. Ports and Logistics: Djibouti’s ports are facing rising costs amid Red Sea shipping disruptions, adding pressure on a key trade route for the region. Ethiopia’s growing wheat imports also rely on Djibouti, which handles grain transit and storage. Regional Markets: Uganda is preparing to seek Cabinet approval to ratify IGAD’s free-movement protocol, which officials say could help its traders reach regional markets through Djibouti. Fisheries: Djibouti joined six Red Sea countries in a new initiative to improve fisheries data, strengthen cooperation and modernise regulations as overfishing and climate change strain fish stocks. Development Finance: Djibouti’s development priorities were discussed in talks between the IsDB Group chairman and the economy and finance minister.
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