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Djibouti Business Exchange: Building Lasting Relationships

Djibouti Business Exchange: Building Lasting Relationships | djibouti | Scoop.it
The Djibouti Business Exchange (DBE), a partnership between the Djiboutian Chamber of Commerce, Camp Lemonnier, and the U.S. Combined Joint Task Force-Horn of Africa, hosted a seminar March 12 at the Djibouti Chamber of Commerce.
Angela K.'s insight:

The Djibouti Business Exchange (DBE) , held a seminar on march 12 at the Djibouti Chamber of Commerce. This Seminar's goal was to train  local Djiboutian business owners how to conduct business with  the U.s government.  Another goal was to build a better relationship with the U.S government and Djibouti. This will help Djibouti's economy grow. The seminar educating Djiboutian business owners will help businesses to use obtained supplies more efficiently, and  will increase the amount of skilled human capital. With this relationship with the U.s government  and the increase amount of educated business, it  may increase the competition throughout east Africa. The increased amount of competition will most likely  be a positive impact to the economy by increasing the efficiency. The increase in efficiency will help economic growth in Djibouti.

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Djibouti: Saudi Arabia to Loan Djibouti U.S. $5 Million for Business Development| glObserver Global Economics

Representatives from the Djiboutian government and the Saudi Fund for Development on Thursday (September 19th) signed a nearly $5-million (898-million franc) loan agreement to support Djiboutian economic development, the Djiboutian Data Agency reported.
Angela K.'s insight:

Djiboutian government and the Saudi fund for development has signed a $5 million loan agreement, which will aid growth in  Djibouti's economy.  This agreement is intended to help multiples of projects in Djibouti such as agriculture, fishing, transportation and trade. This agreement also helps create jobs, up to 2,400, for Djiboutian graduates. This Loan agreement will help Djibouti grow economically. It will help the economy grow because this will decrease the unemployment rate , thus more people will be working, This will increase the amount of money received by a working individual and with this money more of the population will consume more. Consumption will increase, aggregate demand will increase which  makes GDP increase. 

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New US$3.8 Million Grant for Djibouti to Support Improved Access to Education

The World Bank Group and the Government of Djibouti signed today a US$3.8 million grant to support the government’s Access to Quality Education Project.
Angela K.'s insight:

On April 13 the world bank group and the government of Djibouti has signed a $ 3.8 million grant to aid the access of the education project in Djibouti. With this support on the education in Djibouti, there will be many more skilled workers in this nation. The economy of this nation  will grow with the help of the improved human capital that will come in a few years from now. 

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Djibouti Signs Power Deal With Shanghai Electric | glObserver Global Economics

Djibouti Signs Power Deal With Shanghai Electric | glObserver Global Economics | djibouti | Scoop.it
Djibouti's Energy Minister, Ali Yacoub Mahamoud and the regional director of Shanghai Electric, Shi Shizhong, signed on Monday December 16 an agreement for the construction of a 63KV power line.
Angela K.'s insight:

Ali Yacoub Mahamoud and Shi Shizhong has signed an agreement of constructing power lines. With the construction of power lines  through Djibouti and other countries, it helps increase economic activities throughout the horn of Africa. With the increase in economic activity, it will possibly help Djibouti's economic growth. 

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IMF forecasts 6% growth for Djibouti's economy in 2013-2016 period| glObserver Global Economics

IMF forecasts 6% growth for Djibouti's economy in 2013-2016 period| glObserver Global Economics | djibouti | Scoop.it
The International Monetary Fund (IMF) forecasts a 6 % increase in Djibouti's economy between 2013 and 2016.
Angela K.'s insight:

The international monetary fund (IMF) said Djibouti's economy will increase 6% between 2013 and 2016. Djibouti's National budgetary deficit has been brought under control which represented 2.7% of the GDP. Also over the past decade Djibouti's GDP average increase was 4.5%. IMF says Djibouti should keep on carrying reforms in the public finance sector, which  will help Djibouti's business climate. Djibouti's  growth and reform of the public finance sector  has been a positive impact to the country's GDP. I also believe in IMF that if Djibouti collects more tax and eliminate nonsense expenditures will help the economy grow.  Finally, I also think that Djibouti should use macroeconomic policies to control  recessions and inflation to achieve a better economy.

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Turkey and Djibouti sign new trade deal

Turkey and Djibouti sign new trade deal | djibouti | Scoop.it
Turkeys Foreign Economic Relations Board and the Djiboutian Chamber of Commerce signed a trade deal Tuesday in Istanbul to enhance ties between the private sectors of the countries.
Angela K.'s insight:

Turkey Foreign Economic Relations Board and the Djiboutian Chamber of Commerce  signed a trade deal on April 2014. This trade deal will increase the private sectors of the countries. The goal of this trade deal is to reach US $150 million in the volume of trade by the end of this year.  This trade deal may or may not help Djibouti's economy. If the number of exports are above the number of imports, then Djibouti's economy will most likely increase. But if the number of exports are below the number of imports, then Djibouti's economy will decrease. A decrease or increase in an economy will occur because net exports ( exports - imports) is included in GDP.

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allAfrica.com: Djibouti: France Donates U.S. $8.3 Million to Aid Education in Djibouti

allAfrica.com: Djibouti: France Donates U.S. $8.3 Million to Aid Education in Djibouti | djibouti | Scoop.it
allAfrica: African news and information for a global audience
Angela K.'s insight:

France has signed an agreement worth $8.3 million dollars  to support the education in Djibouti. With this $8.3 million dollars to aid education in Djibouti, Djibouti's economy will most likely grow. Their  economy will grow because there will be more skilled workers capable of working in many more  jobs. Also, with an increasing amount of skilled workers, they will be able to be more efficient with the amount of resources available.

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Djibouti, Turkey Reach Investment Deal| glObserver Global Economics

Djibouti, Turkey Reach Investment Deal| glObserver Global Economics | djibouti | Scoop.it
Djiboutian Minister of Economy and Industrial Finance Ilyas Moussa Dawaleh and his Turkish counterpart this week signed a bi-lateral accord to promote and protect investments between the two nations, the Djibouti Data Agency reported Thursday...

Via Michael Malka
Angela K.'s insight:

Ilyas Moussa Dawaleh has made an investment deal with Turkey which protects and promotes investment in both countries. I believe that if this deal does go well, then this contract dealing with  investment will most likely lead to an increase in aggregate demand in both countries since investment is a component of AD.  The increase in aggregate demand will probably increase Djibouti's economy. 

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