Djibouti and the Islamic Development Bank discuss expanding cooperation to support national development priorities.

Mohamed Ragab

The Republic of Djibouti and the Islamic Development Bank Group renewed their commitment to strengthening the strategic partnership between the two sides, during a meeting between the Minister of Economy and Finance in charge of Industry and Djibouti’s Governor to the Islamic Development Bank, Ilyas Moussa Dawaleh, and the Vice President of Operations at the Bank, Dr. Rami Ahmed.

This came on the sidelines of the 2026 annual meetings of the Islamic Development Bank Group held in the Azerbaijani capital, Baku.

The meeting comes as part of efforts to strengthen cooperation between Djibouti and international development finance institutions, in order to support economic and social development programs and achieve the strategic goals set by the Djiboutian government for the coming years.

A development partnership that extends for years

During the talks, both sides affirmed the strength of the relationship between Djibouti and the Islamic Development Bank Group, which is one of the country’s most prominent development partners.

The group has contributed to the financing and implementation of many vital projects in the infrastructure, energy, transportation and social services sectors.

The two officials reviewed the progress made in a number of development programs and projects, as well as discussing mechanisms to enhance cooperation in areas that are a priority for the Djiboutian government, especially in light of the economic and developmental challenges facing many developing countries.

Focus on infrastructure and human capital

The discussions included opportunities for cooperation in a number of strategic sectors, including infrastructure development and strengthening connectivity networks, as well as supporting the health sector and improving the quality of services provided to citizens.

The discussions also addressed the importance of investing in human capital development through supporting education, training and capacity-building programs, as these are key pillars for achieving sustainable development and enhancing the competitiveness of the national economy.

Both sides affirmed that investing in human capital is a pivotal element in achieving inclusive growth and improving living standards, especially in light of the rapid economic and technological transformations the world is witnessing.

Supporting the private sector and stimulating economic growth

The role of the private sector received special attention during the meeting, as the two sides discussed ways to enhance the contribution of national companies and entrepreneurs in driving economic development and creating job opportunities.

The reports pointed out that empowering the private sector and providing a suitable environment for investment are key factors in achieving sustainable economic growth and diversifying sources of income, in line with Djibouti’s long-term vision for development.

A shared commitment to continued cooperation

Minister Elias Moussa Dawaleh praised the continued support provided by the Islamic Development Bank Group for major development projects in Djibouti, stressing the government’s commitment to continuing economic reforms and promoting investments that support the national development process.

The meeting reflects the shared will of both sides to establish a sustainable partnership capable of keeping pace with Djibouti’s development aspirations, contributing to more inclusive economic growth, improving the well-being of citizens, and enhancing development opportunities in various vital sectors.