DJIBOUTI

About:

• Location: Djibouti is a country located in the Horn of Africa.
  
  
• Neighbours:
  • It is bordered by Eritrea in the north, Ethiopia in the west and south, and Somalia in the southeast.
    
    
  • The remainder of the border is formed by the Red Sea and the Gulf of Aden at the east.
    
    
  
  
  
• Capital and largest city:
  
  
• Demography:
  • Religion: More than 90% of residents adhere to Islam, which is the official religion.
    
    
  • Ethnic groups: Somalis (60%) is the largest ethnic group.
    
    
  
  
  
• Key Organizations: Djibouti is a member of the African Union and the Arab League.
  
  
• Significance:
  • Djibouti is strategically located near some of the world's busiest shipping lanes, controlling access to the Red Sea and Indian Ocean.
    
    
  • It is also the site of various foreign military bases, including Camp Lemonnier.
    
    
  
  
  

Centre of entrepreneurship and innovation:

• It has been built in a record time of two years. In November 2016, India had provided a $5 million grant to build an incubation centre in Djibouti.
  
  
• The project is one of the first targeting small businesses in Djibouti.
  
  
• With China having set up its first naval base in Djibouti, India is also making small moves to establish its own presence in the country. India has also provided $49 million to build a cement factory.