The cost of electricity in Djibouti is 23.4 US cents per kWh (in 2017). This is higher than the costs in Ethiopia, which were 4.7 and 4.4 US cents/kwh in 2016 and 2017, respectively.
Djibouti can reduce energy prices by diversifying energy sources toward renewables. The free port of Djibouti finances its own power supply but is not entitled to sell its surplus energy. A regulator is needed to fairly and effectively regulate electricity prices in Djibouti.
AUBERGE LE HERON in Djibouti costs $90 a night, which is a relative bargain in this expensive country.
The railway project in Djibouti has an overall cost of US$4 billion. Djibouti's cost share is US$491.8 million. But the relative slowdown in China’s economy might reduce Chinese investment flows to Djibouti and impact the growth and debt servicing potential of the country.
Djibouti in figures... •Independence:27 June 1977 •Surface area:23,200 km² •Population: 905,618 (2017) •Capital: Djibouti-Population: 70% (650 000 hab) •GDP growth:7.1% (2017) •GDP per capita: USD 1930 (2017) •Poverty rate:40%.
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