Djibouti and the ITFC Seal a $750 Million Deal to Build Economic Resilience

Djibouti has taken a decisive step in cementing its role as a leading logistics and trade hub in the Horn of Africa. On the sidelines of the Islamic Development Bank (IsDB) Group’s Annual Meetings in Baku, the Djiboutian government and the International Islamic Trade Finance Corporation (ITFC) signed a $750 million framework agreement covering the 2026–2029 period.

Targeted Support for Strategic Sectors

The agreement, signed by Minister of Economy and Finance Ilyas Moussa Dawaleh and ITFC Director General Adeeb Yousuf Al Aama, goes well beyond general budget support. It is specifically designed to bolster energy security, food security, and access to healthcare — three pillars that are central to the country’s stability, given an economy built largely around its port infrastructure and regional logistics corridors.

Building on a Proven Track Record

This new deal deepens a long-standing relationship. Since 2008, the ITFC has deployed close to $1.9 billion in support of Djibouti, reflecting sustained confidence in the country’s development trajectory. By structuring the engagement as a multi-year framework agreement, Djibouti secures medium-term financial visibility — a practical advantage when it comes to planning and managing the import of strategic commodities essential to the functioning of the national economy.

Energizing the Private Sector and Regional Integration

The facility is not limited to large public-sector operations. By easing access to trade finance, the agreement is designed to strengthen the capacity of Djiboutian businesses and improve their positioning within international trade flows. In doing so, it reinforces Djibouti’s standing as the region’s gateway for commerce while building greater resilience against external economic shocks.

A Cornerstone of Long-Term Transformation

The agreement is a key pillar of Djibouti’s ADEEG 2025–2030 national strategy. For the country’s leadership, this partnership represents more than capital — it is a transformation lever that ties infrastructure modernization to tangible improvements in the well-being of local communities. With this backing, Djibouti doubles down on its ambition to operate as an ever more efficient, inclusive, and globally competitive logistics platform.