In a significant diplomatic maneuver, Djibouti has offered Ethiopia full management of the Tajoura port, a move aimed at alleviating rising tensions in the Horn of Africa. Djibouti's Foreign Minister Mahmoud Ali Youssouf announced this proposal during an interview with the BBC, emphasizing the importance of stabilizing the region. This development comes amid escalating conflicts between Ethiopia and Somalia, particularly following Ethiopia's recent agreement with the Somaliland region, which has raised concerns in Mogadishu.
Djibouti's strategic offer is not just about managing a port; it reflects deep economic ties and mutual dependencies between Djibouti and Ethiopia. Historically, Djibouti has facilitated 95% of Ethiopia's imports and exports, generating significant revenue for Djibouti's economy. However, the emergence of the Berbera port as a competing hub poses a threat to Djibouti's economic stability, making this offer crucial for both nations.
The proposal to manage Tajoura port, which was financed with substantial loans, is also a means for Djibouti to recover its investments while providing Ethiopia with a reliable outlet for its shipping needs. This initiative is expected to be discussed further at the upcoming China-Africa summit, where Djibouti's President Ismail Omar Guelleh and Ethiopian Prime Minister Abiy Ahmed will meet. Djibouti's diplomatic efforts, including past mediation roles, position it as a key player in regional stability, with hopes that this initiative will ease tensions and foster cooperation.
