AGP Executive Report
Last update: 8 hours agoChina Ties: Djibouti’s Foreign Minister Abdoulkader Houssein Omar met Chinese Foreign Minister Wang Yi in Beijing on Wednesday. Wang praised growing ties and said China wants to deepen cooperation, encourage investment and make use of its zero-tariff policy for Djibouti. Energy Links: Aliko Dangote says his group is pursuing petroleum infrastructure connecting Djibouti and Ethiopia, part of a planned African distribution network. He urged governments to protect local industry and expand manufacturing. Public Finance: Djibouti’s geothermal agency has proposed a $1 million first payment toward $2.13 million owed to Kenya’s KenGen for a 2021 drilling contract. The debt was previously flagged over weak payment safeguards. Red Sea Pressures: More than 3,800 Yemenis have fled to Djibouti since fighting escalated, as the UN reports over 250,000 displaced inside Yemen. The EU says it will continue supporting regional maritime actors, including Djibouti, against arms smuggling.
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