UAE and the Horn of Africa: A Tale of Two Ports - 0 views
-
On February 22, Djibouti seized control of the Doraleh Container Terminal from its joint owner and operator, the Dubai-based DP World. The seizure was not wholly unexpected and was the culmination of Djibouti's deteriorating bilateral ties with the United Arab Emirates and a lost legal battle with DP World to renegotiate the terms of the port concession that gave it a 33 percent equity stake in 2006. The London Court of International Arbitration Tribunal ruled against Djibouti's claims, lodged in 2014, that DP World paid bribes in order to secure the 30-year concession
-
Doraleh opened in 2009 and is the only container terminal in the Horn of Africa able to handle 15,000-ton container ships. It quickly became the most important entrepot for the region's largest country and economy, Ethiopia, which was rendered landlocked by Eritrea's independence in 1993. Ethiopia receives around 97 percent of its imports through Doraleh — around 70 percent of the port's activity — in what has become an unacceptable strategic reliance on a neighbor
-
the increasingly complex dynamics animating the geopolitics, and the more localized politics, being shaped by the competition among aspiring regional powers of the Middle East — particularly Gulf Arab states and Turkey — and China for influence in the Horn of Africa
- ...11 more annotations...