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Latest News

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June 1, 2020

MIGA – Ghoubet Djibouti Windfarm Project – Project Insight

This Environmental and Social Review Summary (ESRS) is prepared by MIGA staff and disclosed prior to the date...

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June 1, 2020

MIGA – Ghoubet Djibouti Windfarm Project

On December 19, 2019, MIGA issued a guarantee for US$100.81 million that will support the design, development, construction,...

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March 24, 2020

First renewable energy project in Djibouti launched by investors...

Supporting Djibouti to meet energy demands and transition towards 100% renewable energy-based electricity production by 2030 Africa Finance...

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March 24, 2020

AFC Invests in Djibouti’s First IPP and Renewable Energy...

Africa Finance Corporation ("AFC" or the “Corporation"), the leading infrastructure solutions provider in Africa, announces a US$63 million...

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December 26, 2019

Djibouti’s Power Sector Outlook

Gross energy demand and peak demand are forecasted to grow, respectively, from 1,312 GWh in 2020 to 2,713...

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December 26, 2019

Djibouti’s Macroeconomic Overview

Djibouti's economy is based on service activities connected with the country's strategic location as a deepwater port on...

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The Red Sea Power Project involves the construction of a c.60MW Wind Farm in Ghoubet, Djibouti, 120km from the city. The Project also involves construction and operation of interconnection facilities comprising of a 220 MVA substation and 5km overhead transmission line to connect to the nearest Electricité De Djibouti (“EDD”) substation.

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