In Focus | Djibouti
Ismael Omar Guelleh loses control of the ports, the country's principal resource

Following the funeral of the chairman of the Port of Djibouti authority Saad Omar Guelleh, half-brother of head of state Ismaël Omar Guelleh, Aboubaker Omar Hadi, head of the Djibouti Ports & Free Zones Authority, is steadily becoming the sector's strong man. The president's inner family circle is still very much present, however. Here, we take stock of the forces in competition. [...]
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The Doraleh Multi-Purpose Port in Djibouti.
The Doraleh Multi-Purpose Port in Djibouti. © XINHUA-REA

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Djibouti
World Bank supports GHIH wind farm via a Mauritian company

The bank has provided a $100.81 million guarantee for a wind farm in Djibouti through the Mauritian-registered Djibouti Wind Co. The Djiboutian sovereign wealth fund Great Horn Investment Holding is financing the project, together with the Africa Finance Corp, Dutch development bank FMO and the Climate Fund Managers fund.

LogoSubscribers only Finance, Energy, Business 26.02.2020

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