List of companies of Djibouti

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Location of Djibouti (in red) LocationDjibouti.svg
Location of Djibouti (in red)

Djibouti, officially the Republic of Djibouti, is a country located in the Horn of Africa. Djibouti's economy is largely concentrated in the service sector. Commercial activities revolve around the country's free trade policies and strategic location as a Red Sea transit point. Due to limited rainfall, vegetables and fruits serve as the principal production crops, and other food items require importation. The gross domestic product in 2012 was estimated at $2.377 billion, with a real growth rate of 4.8% annually. Per capita income was around $2,700. [1]

Contents

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
Air Djibouti Consumer servicesAirlines Djibouti City 1963Airline
Al Gamil IndustrialsHeavy construction Djibouti City 2001Construction
Banque Indosuez Mer Rouge FinancialsBanks Djibouti City 1908Part of Crédit Agricole (France)
Banque pour le Commerce et l'Industrie – Mer Rouge FinancialsBanks Djibouti City 1943Part of Groupe Banque Populaire (France)
Central Bank of Djibouti FinancialsBanks Djibouti City 1949Bank
Dahabshil Bank International FinancialsBanks Djibouti City 2014Bank
Djibouti Air Consumer servicesAirlines Djibouti City 2011Airline
Djibouti Airlines Consumer servicesAirlines Djibouti City 1996Airline, defunct 2009
Djibouti Telecom TelecommunicationsFixed line telecommunications Djibouti City 1997 [2] Telecom
Ethio-Djibouti Railways IndustrialsRailroads Djibouti City 1901Railway
Puntavia Consumer servicesAirlines Djibouti City 1991Airline, defunct 1996
Silver Air Consumer servicesAirlines Djibouti City 2004Airline, defunct 2009

See also

Related Research Articles

Economy of Djibouti

The economy of Djibouti is derived in large part from its strategic location on the Red Sea. Djibouti is mostly barren, with little development in the agricultural and industrial sectors. The country has a harsh climate, a largely unskilled labour force, and limited natural resources. The country's most important economic asset is its strategic location, connecting the Red Sea and the Gulf of Aden. As such, Djibouti's economy is commanded by the services sector, providing services as both a transit port for the region and as an international transshipment and refueling centre.

Economy of Somaliland

The Economy of Somaliland largely relies on primary production and agriculture, where livestock is the main export of the country, which it ships to neighbouring Djibouti and Ethiopia, as well as to Gulf states, such as UAE, Saudi Arabia and Oman. Somaliland has a gross domestic product (GDP) of about US$2 billion as of 2019, most of which it receives in remittances from Somalis working abroad. The Covid-19 pandemic has restricted Somaliland's trade flows with decreased demand in the agriculture sector, a significant source of tax revenue. The country's GDP per capita is approximately US$950 which is one of the lowest in the world.

References

  1. ↑ "Djibouti". The World Factbook. CIA. February 5, 2013. Retrieved February 26, 2013.
  2. ↑ "Djibouti Telecom S.A.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 20 December 2017.
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