Emmanuel OchayiThe inaugural Djibouti Forum concluded on a high note, igniting optimism among investors worldwide.
Attended by nearly 400 delegates, including heavyweight institutional investors overseeing $2.5 trillion in assets, the event showcased Djibouti’s burgeoning potential.
CEO of Fonds Souverain de Djibouti, Dr. Slim Feriani, hailed the forum as a “resounding success,” underscoring the growing interest in Djibouti. He emphasized the country’s economic prospects, inviting international partners to collaborate in unlocking its promising future.
Key partnerships formed during the event underscored this potential. Tamini Insurance, part of the influential Salaam Group, inked a deal with Djibouti’s sovereign wealth fund, enabling over 4,000 clients to access Inclufin, Djibouti’s pioneering crowdfunding platform. Mohamed Bahdon, CEO of Tamini Insurance, highlighted the opportunity for clients to invest in impactful ventures while earning returns.
Another milestone was the agreement between PAIX Data Centres and Djibouti’s sovereign wealth fund to establish JIB1, a state-of-the-art data center. PAIX CEO Wouter van Hulten underscored Djibouti’s strategic location, positioned as a connectivity hub linking Africa, Europe, the Middle East, and Asia.
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The forum’s diverse panels delved into sectors crucial for Djibouti’s economic trajectory, including ports, logistics, technology, energy, and tourism. Dr. Sampawende Tapsoba of Afreximbank commended Djibouti’s robust growth and prudent fiscal management, highlighting its low debt-to-GDP ratio.
In his closing remarks, Charlie Robertson of FIM Partners UK lauded Djibouti’s ambition, opportunity, and safety. He noted the country’s remarkable stability in a volatile region, emphasizing its attractiveness to investors.
Hosted by the Sovereign Wealth Fund of Djibouti under the leadership of Dr. Slim Feriani, the forum exemplified Djibouti’s emergence as a compelling investment destination. With a clear vision and strategic partnerships in place, Djibouti is poised to realize its economic aspirations and become a beacon of prosperity in the region.
Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.
