AGP Executive Report
Last update: 2 hours agoShipping & Ports: Red Sea attacks have cut maritime traffic through Djibouti by more than half, putting pressure on a port sector that generates about 60% of GDP. The IMO has verified 130 attacks on commercial vessels and reported 25 seafarer deaths, underscoring the risks to the shipping corridor. Regional Trade: Djibouti signed three cooperation agreements with Libya and held talks with Egypt on trade, investment, energy, ports, logistics and sea links. Transport Links: China agreed to a $15 million grant for Ethiopian railway spare parts, supporting a key route connecting landlocked Ethiopia to Djibouti’s port. Energy Cooperation: Djibouti’s hydrocarbons director is due to join a regional energy panel in Juba on November 24–25, focused on investment, energy security and cross-border infrastructure.
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