Djibouti’s access to the sea means transportation accounts for 70% of the national economy
Euromoney is standing at Doraleh container terminal in Djibouti watching the good ship Callisto being unloaded on a busy wharf. It sounds an obscure place. But this is the perfect vantage point from which to understand the geopolitical importance of the small African state and some important things about China’s Belt and Road Initiative (BRI).
In front of us is the Bab el-Mandeb Strait, which links the Red Sea to the Gulf of Aden and the Indian Ocean.
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