DJIBOUTI

Nov. 24, 2018

Djibouti President inaugurated a centre of entrepreneurship and innovation built by India, a first of its kind.

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.

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