Skip to main content

Follow

Wararka Maanta

Europe’s Message Is Clear: Tolerance Cannot Be a Cover for Extremism

  Today’s demonstrations across Berlin, London, and Paris sent a message louder than any political statement: Europeans are no longer willing to watch their societies drift toward instability under the banner of “tolerance.” The crowds that filled the streets were not driven by hatred or exclusion — they were driven by a simple demand that every government should take seriously: security first. For years, extremist networks — especially the Muslim Brotherhood — have learned how to operate behind the shield of religious discourse. They present themselves as community leaders, activists, or “voices of the marginalized,” all while pushing agendas that undermine national cohesion, exploit public freedoms, and create parallel societies. Europe’s mistake was assuming these groups were harmless. But as today’s protests showed, citizens have learned the truth the hard way. They’ve watched radical narratives spread in schools and community centers, foreign-funded networks penetrate local ...

Challenges and Opportunities: Djibouti's Path to Financial Stability and Global Influence

The recently concluded United Nations General Assembly (UNGA) session served as a platform for African leaders to advocate for a fairer and more standardized global financial system. Djibouti, in particular, seized the opportunity to call for greater financial inclusion and international cooperation. In this blog post, we explore Djibouti's quest for financial stability and examine the challenges it faces on its path to global influence.

The Quest for Equitable Global Finance:

Djibouti's Minister of Foreign Affairs, Mahmoud Ali Youssouf, underscored the urgent need to reform the international financial system. He argued that the existing framework often compels developing nations to resort to costly loans, leading to unsustainable public debts and hindering investments in critical areas such as the United Nations' Sustainable Development Goals (SDGs). Youssouf emphasized that inclusive multilateralism is essential for restoring trust in the United Nations among member states.

Djibouti's Financial Distress:

According to a Debt Sustainability Analysis (DSA), Djibouti was among the 22 African countries classified as "in financial distress" by the World Bank in 2022. This was primarily due to inadequate debt management and a significant and unexpected increase in public debt over five years. Djibouti even had to defer a debt payment of nearly $1.4 billion to China earlier in the year. Nevertheless, Youssouf remains optimistic about the country's progress toward achieving sustainable development goals, including maintaining a manageable public debt ceiling.

Djibouti's Commitment to SDGs:

Djibouti has incorporated the United Nations' Sustainable Development Goals (SDGs) into its national development plans, including the Djibouti Vision 2035. However, there are challenges in collecting data for specific SDGs, such as clean water and sanitation (SDG 6) and access to energy (SDG 7). These challenges are not unique to Djibouti and are shared by several African nations.

African Unity for Financial Equity:

Djibouti's call for a fairer financial system resonates with other African nations, including Kenya. President William Ruto of Kenya also emphasized the need for an equitable financial trading system to reduce the risk of default among developing countries during the Africa Climate Summit.

Djibouti's Renewable Energy Milestone:

Despite financial challenges, Djibouti recently inaugurated the Ghoubet Wind Power Station, a renewable energy project costing $122 million. This station is expected to generate approximately 60 megawatts of electricity, a significant step towards sustainable development.

The Port Controversy:

Djibouti's strategic location has granted it one of the world's busiest seaports. However, the country has faced challenges in reaping the benefits of this asset. A legal dispute with DP World, a global port operator, has further complicated the nation's financial stability.

Allegations Against the President:

Allegations of diverting port income into personal accounts and engaging in illicit activities with foreign security organizations have added to Djibouti's challenges. The seizure of assets worth $2.3 billion belonging to the ruling family by South African authorities has fueled these allegations.

Ethiopia's Port Diversification:

Ethiopia, a major player in Djibouti's port industry, is exploring alternative routes to diversify its access to ports, reflecting the government's 30-year integrated transport master plan. This move aims to reduce dependence on Djibouti's main seaport.

Djibouti faces a complex landscape of financial challenges, legal disputes, and regional hostilities. While advocating for a fairer global financial system and sustainable development, Djibouti must address its internal issues to fully benefit from international reforms. The path to financial stability and global influence demands a balanced approach to both domestic and international concerns.

Comments

Maant iyo Soomaaliya

Maamul Goboleedka Puntland oo isu diyaarinaya doorashada soo socota

Wasiirka Warfaafinta ee maamul goboleedka Puntland, Maxamuud Ceydiid Dirir, ayaa dhawaan sheegay in madaxda dowlad goboleedyada la dooran doono bisha Janaayo ee sanadka 2024-ka, iyadoo la adeegsan doono nidaamka hal qof iyo hal cod.  Baaqan ayaa imaanaya iyadoo Puntland ay isu diyaarinayso doorashooyin xasaasi ah iyadoo ay jiraan eedeymo la xiriira muddo kororsi uu sameeyay Madaxweyne Deni.  Dirir ayaa hadalkan ka sheegay shir jaraa’id oo uu ku qabtay magaalada Garoowe, isagoo ku nuux-nuuxsaday in la soo gabagabeeyay dhammaan diyaar-garowgii lagama maarmaanka u ahaa doorashada soo socota.  Hadalkiisa ayaa loo arkay inuu jawaab u yahay siyaasiyiinta mucaaradka ku ah Puntland oo ku eedeeyay Madaxweyne Deni inuu doonayo inuu waqti kororsi ku sameeyo. Ku dhawaaqistan ayaa daba socotay arrin muran badan dhaliyay oo labo guddoomiye degmo oo ka tirsan magaalada Boosaaso lagu doortay hab is barbar socda.  Wasiirka arrimaha gudaha ayaa walaac ka muujiyay go’aankan, isagoo she...

Somalia's President Mohamud's Visits to Eritrea: A Closer Look at Evolving Diplomatic Relations

The President of Somalia, Hassan Sheikh Mohamud, recently embarked on his latest journey to Eritrea, marking what his administration described as a "professional visit." During his stay, he had the opportunity to tour military barracks in Eritrea, where Somali cadets have been receiving intensive training since 2019. Upon his arrival in Asmara, Mohamud received a warm welcome from his Eritrean counterpart, Isaias Afwerki, who accompanied him on a visit to several training sites in the days that followed. The President took the time to meet and interact with cadets undergoing training for various military roles, including the navy, air force, infantry, and mechanized military skills. He commended the dedication and hard work of the cadets, emphasizing their vital role in ensuring a strong and united Somalia. During a military parade at one of the training camps, Mohamud encouraged the cadets, saying, "I am very happy that you have spared no efforts in building your ski...

IMF Delivers Much-Needed Relief to East Africa with a $620 Million Budget Boost

Good news for East Africa! The International Monetary Fund (IMF) has stepped in with a $620.65 million budgetary support package for Rwanda, Tanzania, and the Democratic Republic of Congo (DRC). This financial lifeline comes as a welcome relief for these nations struggling with debt, dwindling revenue, and weakening currencies. A Shot in the Arm for Struggling Economies The IMF's funding, tied to crucial socio-economic and governance reforms, aims to tackle budget deficits and shore up foreign exchange reserves. Over the past two weeks, Tanzania received $150.5 million , Rwanda $268.05 million , and the DRC $202.1 million , marking a significant commitment from the financial institution. Tanzania: Bolstering Economic Recovery For Tanzania, this injection forms part of a larger $1.04 billion Extended Credit Facility (ECF) approved by the IMF in July 2022. The recent disbursement, following successful program evaluations, brings Tanzania's total access under the ECF to $45...

Madaxweyne Farmaajo oo Khudbad uu ka jeediyey go'aanka kaso baxay Maxkamadda ICJ.

Mudane Maxamed Cabdullaahi Farmaajo , Madaxweynaha Jamhuuriyadda Federaalka Soomaaliya, ayaa ku bogaadiyey guud ahaan shacabka Soomaaliyeed guusha laga gaaray dadaallada waddaninimo ee lagu doonayay difaac bada Soomaaliyeed. Khudbad uu  jeediyay oo ku aadan xukunkii ugu dambeeyay ee Maxkamadda Caddaaladda Adduunka (ICJ) ay ka gaartey murrankii badda. I would like to thank Allah who has granted us this historic victory after the long struggle by the people and Government of the Federal Republic of Somalia against the unlawful attempts by the Kenyan government to claim parts of our maritime territory. H.E @M_Farmaajo pic.twitter.com/yr4xJHGBCQ — Villa Somalia (@TheVillaSomalia) October 13, 2021 Madaxweynuhu wuxuu caddeeyay in Dowladda Federaalka Soomaaliya ay la kulantay caqabado badan oo diblomaasiyadeed si loo gaaro guushan taariikhiga ah, isagoo tusaale u soo qaatay dadaallada ay dowladda Kenya ku doonays inay ku carqaladeyso geeddi -socodka badda oo yana kudoonaysay...

Privacy Policy