Red Sea Foundation

Take a look at Red Sea countries snapshot

DJIBOUTI
EGYPT
ETHIOPIA
jordan
KENYA

DJIBOUTI

The Republic of Djibouti is located in Eastern Africa and is bordered by Ethiopia, Eritrea, Somalia, the Red Sea and the Gulf of Aden.

DJIBOUTI Djibouti is a semi-presidential republic with the President serving as head of state. Ismaïl Omar Guelleh has served as President since 1999. Djibouti’s economy is predominantly focused on the service industry due to its location on the Red Sea. Additionally, public and private investments into port-related capital intensive activities have pushed economic growth in the country.

The Government of Djibouti has recently implemented its Vision 2035 plan through which the country aims to develop roads, ports and airport related infrastructure in order to make Djibouti a regional hub.

EGYPT



EGYPT The Arab Republic of Egypt is located on the northeast corner of Africa by a land bridge which was formed by the Sinai Peninsula. Egypt is currently bordered by the Gaza Strip and Occupied Palestine to the northeast, the Red Sea to the east and south, Sudan to the south and Libya to the west.

Egypt is the most populous country in North Africa and the Middle East and the third-most populated in Africa. Approximately 95 percent of the population lives along the Nile River, which accounts for less than five percent of Egypt’s overall territory. Egypt is a presidential republic headed by President Abdel Fattah el-Sisi. Egypt has faced a political transition process which started in 2013 and came to an end with the election of the House of Representatives in December 2015.

Egypt has launched Vision 2030 which is also known as Sustainable Development Strategy (SDS). SDS includes various economic, social and environmental areas of development for the country.

ETHIOPIA



ETHIOPIA The Federal Democratic Republic of Ethiopia is located in East Africa bordering Eritrea, Djibouti, Somalia, Sudan and South Sudan. Ethiopia has the second largest population in Sub-Saharan Africa with a population growth rate of 2.5% in 2015.

Ethiopia is a federal parliamentary republic with the Prime Minister serving as head of government. Hailemariam Desalegn has served as Prime Minister of the country since 2012. Through the implementation of the Growth and Transformation Plan, Ethiopia is aiming to generate broad-based growth for the economy.

Ethiopia has also been considered as one of the fastest growing non-oil producing economies in Africa by the United Nations. Approximately 80% of Ethiopia’s population remains employed in the agriculture sector. However, the services sector has become a much more significant source of GDP in the country.

JORDAN



jordan The Hashemite Kingdom of Jordan is located on the East Bank of the Jordan River and is bordered by Saudi Arabia, Iraq, Syria, Palestine, the Dead Sea and the Red Sea.

Jordan is a constitutional monarchy with King Abdullah II serving as the monarch since 1999. King Abdullah is able to appoint governments, dissolve parliament and approve legislation. Jordan is classified as an upper middle-income country. 70% of the country’s gross domestic product is derived from the services industry.

Jordan has, over the past 10 years, pursued a series of structural reforms in areas such as education and health through privatization and liberalization. The government has also, in recent years, reformed a number of subsidies.

KENYA



KENYA The Republic of Kenya is located on the equator of Africa’s east coast and is bordered by Tanzania, Uganda, South Sudan, Ethiopia and Somalia.

Kenya is a presidential representative democratic republic. The current chief of state is President Uhuru Kenyatta who has been in power since 2013. Kenya’s economy has a projected growth rate of 6% in 2017 which is mostly attributed to a positive outlook as a result of low oil prices, agricultural performance, monetary policy and infrastructure investments.

Agriculture is a key pillar for Kenya’s economy, with a majority of the population living in rural areas. The country produces tea, coffee, maize, horticulture and sugarcane. Tourism, transport and the service sector also contribute to the economy. Kenya has also recently implemented Kenya Vision 2030 as a long-term blue-print aimed at transforming the country into an industrialized, middle-income country.