The planned visit follows meetings held in Djibouti between Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir and senior Djiboutian officials, aimed at expanding trade ties and industrial cooperation between the two countries.
During his official visit, Al-Wazir met Djibouti’s Minister of Aquaculture, Water, Livestock, Fisheries, and Marine Resources, Mohamed Ahmed Awaleh, to discuss cooperation in deep-sea fishing and aquaculture. Djibouti is seeking to draw on Egyptian experience in smart agriculture, modern irrigation systems, and greenhouse production, according to the ministry.
Al-Wazir also held talks with Djibouti’s Minister of Trade and Tourism, Mohamed Warsama Dirieh, on boosting bilateral trade and mutual investment, with a focus on increasing intra-African trade flows. Djiboutian demand for Egyptian exports includes vegetables, fruit, processed foods, and edible oils.
The discussions align with Egypt’s economic narrative, which targets doubling the contribution of foreign direct investment (FDI) to GDP to 4.4 percent, achieving $145 billion in exports, and reaching seven percent real GDP growth.
Bilateral trade between Egypt and Djibouti reached $122.4 million in 2024, according to Egypt Business Directory figures citing the Central Agency for Public Mobilization and Statistics (CAPMAS). Fertilizers were Egypt’s largest export to Djibouti, followed by flour, starch products, essential oils, cosmetics, soaps, detergents, and vegetable and animal oils. Egypt’s imports from Djibouti were mainly live animals.
During the visit, Egypt and Djibouti signed three agreements covering maritime transport, logistics, and renewable energy, as part of efforts to deepen economic cooperation. Al-Wazir also inaugurated a solar power station in the village of Omar Kajaa in Djibouti’s Arta region, with a peak capacity of 300 kilowatts and battery storage of 1.29 megawatt-hours.
Djiboutian officials also expressed interest in cooperation with Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and the Egyptian Organization for Standardization and Quality to support training in trade, agriculture, tourism, emergency management, and small-business development.
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