Vol. 2009 No. 1 (2009)
The Political Economy of Natural Resource Extraction in Central Africa within Djibouti's Context
Abstract
Central Africa is characterized by a diverse range of natural resources including minerals, hydrocarbons, and agricultural products. Djibouti's strategic location at the mouth of the Red Sea has made it a key player in regional trade networks, particularly for transshipment services. The research employs qualitative methods including semi-structured interviews and document analysis. Data collection was conducted across multiple sectors of the economy to ensure comprehensive coverage of political and economic dynamics. Interviews revealed significant variations in resource extraction policies between Djibouti’s coastal regions, with some areas experiencing rapid industrial growth while others faced socio-economic challenges due to environmental degradation and labour unrest. The study identifies a critical need for improved governance frameworks that balance economic benefits with sustainable development practices in Central Africa's natural resource sectors. Policy recommendations include strengthening regulatory bodies, enhancing transparency in resource management, and promoting equitable distribution of benefits among local communities to mitigate negative impacts on livelihoods.