AGP Executive Report
Last update: 9 hours agoEnergy and Logistics: PetroChina is exploring a 1,550-kilometre oil corridor from South Sudan through Ethiopia to Djibouti, alongside a proposed 300,000-cubic-metre storage depot and possible refinery at Damerjog Industrial Park. Djibouti’s ports would provide an export route to global markets. Shipping: Emirates Shipping Line is splitting its India–Red Sea network into two services; its North Red Sea route will connect India with Djibouti and other regional ports about every two weeks. Industrial Growth: A new ECA study says the AfCFTA could help Djibouti expand industrial production, diversify beyond transport and logistics, and join more regional value chains. The country’s real GDP more than tripled from 2010 to 2025, the study notes. Public Finances: Djibouti has cut its 2026 budget by 2.2% after revenue through May fell 12.88 billion francs short of forecast, underscoring pressure on public spending.
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