Republic of Djibouti, is a country located in the Horn of Africa. In antiquity, the territory together with Ethiopia, Eritrea and Somaliland was part of the Land of Punt. Nearby Zeila, now in Somaliland, was the seat of the medieval Adal and Ifat Sultanates. In the late 19th century, the colony of French Somaliland was established following treaties signed by the ruling Dir Somali sultans with the French and its railroad to Dire Dawa (and later Addis Ababa) allowed it to quickly supersede Zeila
Economy: It's derived in large part from its strategic location on the Red Sea. Djibouti is mostly barren, with little development in the agricultural and industrial sectors.It has a harsh climate, a largely unskilled labour force, and limited natural resources. The country's most important economic asset is its strategic location, connecting the Red Sea and the Gulf of Aden. As such, Djibouti's economy is commanded by the services sector, providing services as both a transit port for the region
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