Tuesday, July 2, 2013
Djibouti
"By the year 2030 Djibouti will have taken the undeniable position as the leading port in East Africa, surpassing Mombasa, Kenya. The presence of a modern and efficient port in the region will greatly increase economic participation of East African countries and, in particular, South Sudan and Ethiopia. The creation of a manufacturing sector for processing raw goods coming from Ethiopia and South Sudan will provide much needed jobs to Djibouti’s largely unskilled labor force. With such a small population, Djibouti will see its per capita GDP rise quickly and it will provide a model of economic openness for other small, coastal African countries. Countries investing in this area will see increasing return on investment as they tap into previously unavailable markets and resources in the region." From: http://www.wikistrat.com/insights-from-the-wiki-djibouti-africas-next-trade-hub/
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