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Economy - 4 April 2026

World Bank approves $25.75 million for Djibouti economic diversification program

By Jean-Marc Okito3 min read

Washington, April 4, 2026 - Washington, D.C. / Djibouti City, March 30, 2026 - The World Bank has approved $25.75 million in financing to support Djibouti’s Economic Diversification Program, marking the country’s first Program-for-Results (PforR) operation.

The initiative aims to strengthen the private sector, boost economic resilience, and create employment opportunities as Djibouti seeks to reduce reliance on a limited number of sectors.

Officials say the program will focus on improving the business environment and supporting reforms designed to encourage investment and sustainable growth.

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