The Republic of Djibouti has announced the creation of the Djibouti Sovereign Fund (Fonds Souverain de Djibouti – FSD) following the enactment of a law dated 29 March 2020 and the promulgation of the implementing decrees on 24th June 2020.

The creation of this fund is a key measure of the “Vision 2035” policy which guides the government’s actions and the economic strategy of the country in the long term: to position itself as a front-line international commercia...