Djibouti Telecom breaks ground on new Cable Landing Station

DJIBOUTI – To meet the ever-growing demand and network resiliency requirements, Djibouti Telecom has begun construction of a new cable landing station (CLS) in Djibouti City. Due to be completed in April 2022 the new Cable Landing Station will be a neutral digital port which will provide an open access cable landing service to submarine cable operators for a neutral, safe and secure landing in Djibouti City. With a network comprised of 8 operational subsea cables and 5 on-project cable systems, Djibouti Telecom is positioned as a centre for telecoms…

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Accor expands luxury footprint in Sub-Saharan Africa with Fairmont in Djibouti

DJIBOUTI – Accor, a world augmented hospitality group with over 400 hotels across India, Middle East, Africa and Turkey, is adding a new flagship property to its portfolio in Africa with Fairmont Djibouti. Set to open in 2024, the hotel will feature 155 rooms and 10 serviced apartments, with five food and beverage outlets combined with 1,398 sqm of Meetings & Events facilities. Located in Djibouti City, the capital of Djibouti and one of the country’s most affluent areas, the property will be strategically located by the beach in Plateau…

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Sheraton Hotels unveils new vision at Sheraton Djibouti

DJIBOUTI – Sheraton Hotels & Resorts, part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, has unveiled newly transformed spaces at Sheraton Djibouti. The 185-room hotel is the first Sheraton in Africa to bring to life the brand’s new vision of its guest experience and showcases signature elements from the new concept following a multi-million-dollar investment by Constellation Hospitality Group.  The reimagined spaces aim to create an environment where guests can feel comfortable and at ease, whether working, meeting, or relaxing. Drawing on its roots as a community hub for locals and guests at flagship…

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Djibouti Telecom taps Ciena’s GeoMesh Extreme to double capacity of DARE1 submarine cable network

DJIBOUTI – Djibouti Telecom is leveraging Ciena’s GeoMesh Extreme solution to upgrade its DARE1 (Djibouti Africa Regional Express1) network to increase digitization in East Africa region, which has been widely underserved when it comes to international connectivity. Located on the northeast coast of the Horn of Africa, Djibouti is situated on the Bab el-Mandeb Strait, one of the world’s busiest shipping routes serving the Indian Ocean and Red Sea. The nation is a connectivity hub for East Africa, made possible by state-owned network provider Djibouti Telecom. As part of a…

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COMESA, Djibouti sign US$3m agreement to upgrade Galafi border post

DJIBOUTI – The COMESA Secretariat and the Government of Djibouti have signed an agreement that sub-delegates the implementation of coordinated border management activities at the Galafi border post, on the Djibouti- Ethiopia border. A total of US$3 million is allocated to this project under the European Union-funded Trade Facilitation Programme (TFP). The objective of the sub-delegation agreement is to enhance Djibouti’s progressive participation in regional and international integration agenda through progressive removal of trade barriers at the border. Djibouti will receive support in the development of improved and harmonized regulatory…

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Djibouti to sell minority stake in state-owned telco

DJIBOUTI – The government of Djibouti has launched a tender process to partly privatise state-owned carrier Djibouti Telecom, part of a plan to modernise the economy and revamp government firms. “The state will offer a minority and significant portion of its shareholding to a first-rate strategic partner,” the government said in a statement after a cabinet meeting to approve the plan. The telco, one of the last state-owned national monopolies on the continent, has about 410,000 mobile subscribers, according to 2019 World Bank data. It was not known how much…

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African Development Fund backs Ethiopia-Djibouti electricity trade with US$83.6m in grants

DJIBOUTI – The Board of Directors of the African Development Bank Group (AfDB), has approved two grants worth US$83.6 million to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region. The funds comprise a US$69.65 million grant to Ethiopia and the second grant of US$13.93 million to Djibouti, both sourced from the African Development Fund, the African Development Bank’s concessional financing window. The Ethiopia-Djibouti Second Power Interconnection project will entail the construction of nearly 300 km of interconnector line, 170…

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Kenya’s Geothermal Development Company expands its technical muscle in Africa

KENYA – The Geothermal Development Company (GDC) is committed to building the capacity of geothermal practitioners in Africa as part of its South-to-South solutions strategy. The Company announced this strategy when it received 20 fellows, staff of Djibouti Geothermal Energy Development Authority (ODDEG) who are in Kenya training at GDC’s iconic Menengai Geothermal Project. The fellows are undergoing training in nine key specialized areas in geothermal resource development including drilling operations, environmental sciences, geophysics, geology, and geochemistry. The 29 days training has been funded by the Bundesanstalt fur Geowissenschaften and Rohstoffe…

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IFC and East Africa Bank unveils US$5m trade finance guarantee to support businesses in Djibouti

DJIBOUTI – The International Finance Corporation (IFC), a member of the World Bank Group, has announced a US$5 million trade finance guarantee facility to Djibouti- based East Africa Bank (EAB) to help local companies engage in cross-border trade. The support is a vital engine of economic growth that has been strained by the COVID-19 pandemic, IFC’s trade finance facility guarantee of up to US$5 million under its Global Trade Finance Program (GTFP) will help EAB provide financing to importers and exporters in Djibouti, supporting the local economy and helping maintain…

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Radisson Hotel Group partners with Salaam Properties to debut in Djibouti

DJIBOUTI – Radisson Hotel Group has announced the signing of Radisson Hotel Djibouti, marking the Group’s entry into the country and brings its East African portfolio to 18 hotels and over 2,700 rooms in operation and under development, strengthening its strategic position in the region. This new signing further underscores the Group’ presence as the hotel company active in the most countries on the African continent with close to 100 hotels in operation and under development. The new-build 144-room hotel, scheduled to open in 2024, will comprise not only of…

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