Egypt and Djibouti have signed three major cooperation agreements spanning ports, logistics and renewable energy, marking a significant step in strengthening economic and trade ties between the two countries.
The agreements were formalised during an official visit by Kamel El-Wazir, Egypt’s Deputy Prime Minister and Minister of Industry and Transport, to the headquarters of the Djibouti Ports and Free Zones Authority (DPFZA).
One of the key deals covers the development of a multipurpose container terminal, under which an Egyptian consortium led by the Holding Company for Maritime & Land Transport (HCMLT) will partner with Djibouti’s Great Horn Investment Holding. The project is aimed at boosting bilateral trade while reinforcing Djibouti’s position as a regional and international logistics gateway.
A second agreement focuses on the establishment of a regional logistics hub. Under this arrangement, El Sewedy Electric, along with its joint venture El Sewedy Logistics Djibouti, has secured a long-term land lease with the DPFZA and the Khor Ambado Free Zone Company. The planned logistics centre is expected to enhance trade flows and support the expansion of Egyptian companies into neighbouring markets.
The third agreement centres on clean energy, with plans to develop a 100-megawatt green energy project at Djibouti’s Doraleh Container Terminal. The renewable power facility will supply electricity to port cranes and heavy equipment, reducing dependence on fossil fuels and shielding port operations from global energy price volatility.
The cooperation aligns with broader economic and strategic initiatives between Cairo and Djibouti, including the recent opening of a Banque Misr branch in Djibouti and the establishment of the Egyptian-Djiboutian Joint Business Council earlier this year, which focuses on energy security and infrastructure development.
In parallel with the agreements, El-Wazir inaugurated a 300-kilowatt solar power plant with battery storage in Djibouti’s Arta region, supporting local electrification and economic activity and underscoring growing collaboration in renewable energy.
Officials from both countries also held discussions on expanding cooperation in infrastructure development, wind energy, road construction and port expansion, signalling deeper partnership opportunities across the Horn of Africa.
The agreements are seen as pivotal in strengthening regional trade corridors, advancing sustainable development goals and consolidating Djibouti’s role as a key logistics hub serving African and global markets.