India  Djibouti Business and Cultural Council and GIBF logo

India Djibouti Business and Cultural Council

India Djibouti Business and Cultural Council - About Djibouti

About Djibouti

Djibouti, located in the Horn of Africa, is a small but strategically significant country bordered by Eritrea to the north, Ethiopia to the west and south, Somalia to the southeast, and the Red Sea and Gulf of Aden to the east. Covering an area of approximately 23,200 square kilometers, Djibouti is known for its arid, desert-like terrain, volcanic landscapes, and a population of about one million people. Its capital, Djibouti City, serves as the nation's economic, political, and cultural hub.
Djibouti's strategic location at the southern entrance to the Red Sea has made it an important port and refueling center, with one of the busiest shipping lanes in the world. This strategic significance is reinforced by its hosting of several international military bases, including those of the United States, France, China, and Japan. The Port of Djibouti is a critical transit point for goods entering and leaving East Africa, particularly for landlocked Ethiopia.
Djibouti's economy is heavily dependent on services, particularly port services, trade logistics, and foreign military bases. The country has been working to diversify its economy by investing in infrastructure projects like the Djibouti-Addis Ababa railway and various free trade zones, aiming to become a regional trade and logistics hub. Despite its economic ambitions, Djibouti faces challenges such as high unemployment, limited natural resources, and reliance on foreign aid.
Djibouti's culture reflects a blend of Somali, Afar, Arab, and French influences. French and Arabic are the official languages, with Somali and Afar also widely spoken. The country is predominantly Muslim, and Islam plays a significant role in daily life. Djibouti offers unique natural attractions, including Lake Assal, the lowest point in Africa, and its diverse marine life, making it a hidden gem for adventurous travelers.

Objectives

Objectives

India Djibouti Business and Cultural Council - Business Council

Business Council

To promote bilateral trade between India and Djibouti To boost businesses of all the sectors, particularly MSMEs, and create business opportunities To promote businesses of all sizes across the two countries Establish business to business and people to people contact Create tie-ups amongst chambers of commerce and have businesspeople as part of this council.

India Djibouti Business and Cultural Council - Cultural Council

Cultural Council

To promote cultures and exchange ideas and values through this council Facilitate cultural exchanges in the form of music, dance, history, artifacts, exhibitions, expos and even through online mediums Create opportunities for student exchanges, training and courses to promote cultural relations between India and Djibouti To promote artists through shows, exhibitions, etc. either in person or through online mediums.

"Djibouti: The Business Oasis of the Horn of Africa" - India-Africa Business Conclave!

djibouti at a Glance

djibouti at a Glance

The Republic of Djibouti

Djibouti

The Horn of Africa

23,200 square kilometres (8,958 sq mi)

1.14 million+ (2024)

French and Arabic

The top exports of Djibouti are Palm Oil, Chlorides Seed Oils, Flax Yarn, and Bovine, exporting mostly to Ethiopia, China India, Jordan, and Central African Republic.

The top imports of Djibouti are Refined Petroleum, Palm Oil, Mixed Mineral or Chemical Fertilizers, Cars, and Raw Sugar, importing mostly from China, United Arab Emirates, India, Morocco, and Turkey.

Djiboutian franc

+253

(GMT+3)