Djibouti launches the largest commercial area in Africa

More than four heads of state attended the launch of Djibouti's new free zone

Djibouti officially launched on July 5, 2018, Djibouti International Free Trade Zone (DIFTZ), the largest commercial area in Africa that will include a total investment of $ 3.5 billion and will cover an area of ​​4,800 hectares .

The free trade zone, which already hosts 21 companies, will significantly strengthen trade in the Horn of Africa while strengthening Djibouti’s position as a trading and logistics center.

The opening ceremony was held under the auspices of President Ismail Omar Guelleh, President of the Republic of Djibouti, Paul Kagame, President of the Republic of Rwanda and President of the African Union, Omar Hassan El Bachir, President of the Republic of Sudan, Mohamed Abdillahi Mohamed Farmajo, President of the Federal Republic of Somalia, Dr. Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, and Moussa Fakki Mahamat, Chair of the African Union Commission.

This event was followed by the Africa-China Economic Forum and Exhibition to promote economic collaboration between Africa and China, especially between the private sectors of the two continents.

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