AGP Executive Report
Last update: 11 hours agoPublic Finance: Djibouti has cut its 2026 budget by 2.22% to 168.48 billion francs after revenue through May fell 12.88 billion francs short of forecast, while spending exceeded the planned pace. Industrial Growth: A new UN Economic Commission for Africa study says AfCFTA could help Djibouti expand production, diversify beyond port and logistics services, and join regional value chains. Trade Routes: Ethiopia’s push for sovereign sea access is gaining momentum, but Djibouti still handled 96.71% of Ethiopia’s maritime-gateway cargo in 2025/26; experts say reliance on the port contributes to delays for businesses. Regional Connectivity: A tender for engineering and trade-facilitation work on a 280-kilometre South Sudan–Ethiopia–Djibouti corridor aims to improve cross-border links. Red Sea Shipping: Djibouti and China have urged de-escalation, warning that insecurity could disrupt trade and energy supplies and raise logistics costs.
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