DP World On Track For Growth Ahead Of Markets As First-Quarter Volumes Rise

Continue reading “DP World On Track For Growth Ahead Of Markets As First-Quarter Volumes Rise”

Advertisements

Turkish Business Group Urges Free Trade Pact In Ethiopia

Continue reading “Turkish Business Group Urges Free Trade Pact In Ethiopia”

DP World Wins 30-Year Concession For Congo Deepwater Port Amid Africa Expansion Push

Continue reading “DP World Wins 30-Year Concession For Congo Deepwater Port Amid Africa Expansion Push”

Ethiopia, Berbera Port And The Shifting Balance Of Power In The Horn Of Africa

Upon Eritrean independence in 1993, Ethiopia became landlocked and therefore dependent on neighbors – especially Djibouti – for access to international markets. This dependency has hampered Ethiopia’s aspiration to emerge as the uncontested regional power in the Horn of Africa. Continue reading Ethiopia, Berbera Port And The Shifting Balance Of Power In The Horn Of Africa

Rate this:

DP World Sulayem

DP World Says Djibouti Incident Could Hurt Africa Investment

DUBAI, United Arab Emarites, March 15, 2018 – Port operator DP World said on Thursday that Djibouti’s decision to seize control of a terminal project could hurt African efforts to attract investment. Continue reading “DP World Says Djibouti Incident Could Hurt Africa Investment”

DP World Profits Reach $1.2 Billion As Port Operator Expands

By Aya Batrawy

DUBAI, United Arab Emirates, Mar 15, 2018 — Global port operator DP World said Thursday its profits rose by 7 percent to nearly $1.2 billion in 2017 as the company expands internationally, including in East Africa where a legal row has erupted after Djibouti last month seized a container terminal run by the company. Continue reading “DP World Profits Reach $1.2 Billion As Port Operator Expands”

INTERVIEW – “UAE To Train Somaliland Forces Under Military Base Deal” – Somaliland President

By Alexander Cornwell

ABU DHABI, March 15, 2018 – The United Arab Emirates (UAE) will train Somaliland security forces as part of a deal to establish a military base in the semi-autonomous region, Somaliland’s president said on Thursday. Continue reading “INTERVIEW – “UAE To Train Somaliland Forces Under Military Base Deal” – Somaliland President”

Port Deal Underscores Djibouti’s Reliance On Ethiopia

With political instability in Ethiopia, will there be enough trade to keep Somaliland and Djibouti’s ports busy? Continue reading “Port Deal Underscores Djibouti’s Reliance On Ethiopia”

Superpowers In The Horn

By Neamin Ashenafi

At a time of political upheavals, mass protests and violence taking place even after the state of emergency was ratified by lawmakers, the world’s superpowers seem more interested in the Horn of Africa more than ever. Continue reading “Superpowers In The Horn”

China’s Growing African Footprint Could Lock The US Out From Its Lone Africa Base

On the days before and after US Secretary of State Rex Tillerson embarked on his first official trip to Africa, one issue has risen as the main concern among American officials: China’s ascendant role in the African continent. Continue reading “China’s Growing African Footprint Could Lock The US Out From Its Lone Africa Base”

Djibouti Signs Port Deal With Singapore-Based Pacific International Lines

Djibouti’s Doraleh Container Terminal Management Company has signed a deal with Singapore-based Pacific International Lines (PIL) to raise by a third the amount of cargo handled at the port, the country’s Ports and Zones Authority said on Tuesday. Continue reading “Djibouti Signs Port Deal With Singapore-Based Pacific International Lines”

Can The Trump Administration Stop China From Taking Over A Key African Port?

By Josh Rogin

On his Africa tour this week, Secretary of State Rex Tillerson will argue the United States is a better partner for Africa than is China, which is rapidly expanding its influence and power in Africa. Continue reading “Can The Trump Administration Stop China From Taking Over A Key African Port?”

Berbera port free zone

DP World Finalizes Deal For Berbera Port Free Zone

12 square kilometer economic zone in Somaliland will aim to attract logistics, manufacturing firms Continue reading “DP World Finalizes Deal For Berbera Port Free Zone”

China Dominant In Djibouti Port Spat

Geoff Hill

There are only two sea routes linking Europe with East Africa and much of Asia. Either you sail around the Cape of Good Hope or through the Suez Canal and the Red Sea.

Continue reading “China Dominant In Djibouti Port Spat”

Official: Ethiopia Acquires 19% Stake In DP World Berbera Port

Ethiopia will become a shareholder of the Port of Berbera following the signing of an agreement with DP World and the Somaliland Port Authority in Dubai today. Continue reading “Official: Ethiopia Acquires 19% Stake In DP World Berbera Port”

Djibouti’s Investment Environment Dealt ‘Strong Shock’

DP World contributes millions of dollars of direct, indirect economic benefits to Djibouti Continue reading “Djibouti’s Investment Environment Dealt ‘Strong Shock’”