At Port of Berbera, Dubai invests in Horn of Africa shipping
Deutsche Welle, Dubai-based DP World is expanding its operations in Somaliland’s deep-water Port of Berbera, as part of a plan to turn the breakaway region into a major trade hub. Though Somaliland has relinquished commercial power, it may gain political weight.
Somaliland broke away from Somalia in 1991 and has acted as a de facto independent state since then, although it is not internationally recognized. The deal with DP World could create fresh momentum for the breakaway region’s drive toward recognition.
In this article:
Free trade zone aims to attract investments, jobs.
Berbera is in a very strategic location.
Two-thirds of goods headed for Ethiopia.
Risky business amid complex politics.
Sign of stability in an African hot spot.