by The Fikiria Desk | Mar 29, 2020 | Economics
Djibouti earns its living from movement, but movement is a thin foundation. A country that lives on transit fees is exposed to every shift in a neighbour’s trade and every fluctuation in global shipping. This week’s establishment of a sovereign wealth fund...
by The Fikiria Desk | Mar 29, 2020 | Consumers
A sovereign wealth fund is written in the language of balance sheets, but the household in Djibouti City reads its life in prices: the cost of a data bundle, the reliability of the power supply, the fare on a shared taxi. This week the state established a fund to...
by The Fikiria Desk | Mar 29, 2020 | Money
The Horn of Africa is rich in transit and short on investable vehicles. Cargo moves through the Bab-el-Mandeb by the millions of tonnes, but a regional investor who wants a stake in that flow has had few clean instruments to buy into. Djibouti’s decision this...
by The Fikiria Desk | Mar 29, 2020 | Lifestyle
National funds are announced in the language of billions, but they are lived in the language of the everyday: the bus that runs on time, the hotel that keeps its lights on, the neighbourhood that gains or loses a reason to exist. Djibouti’s new sovereign wealth...
by The Fikiria Desk | Mar 29, 2020 | Farming
Djibouti imports most of what it eats, and the same port that makes the country a trade hub also makes it dependent on the world’s harvests. That paradox, a logistics power that is food-insecure, frames how the country’s new sovereign wealth fund should be...