The Director General of the Djibouti Multisectoral Regulatory Authority (ARMD), Mr. Abdi Ilmi Achkir, had the pleasure of welcoming a delegation from the World Bank led by Mr. Nadir Mohammed, Regional Director for Equitable Growth, Finance, and Institutions in the Middle East and North Africa region (MENA).
This meeting was particularly fruitful and promising, highlighting the crucial importance of effective regulation for business competitiveness. Optimized regulation contributes significantly to improving the business climate.
Since its creation in 2020, the ARMD has benefited from the ongoing support of the World Bank, which is assisting with its operationalization process. This collaboration has notably facilitated the gradual opening up to competition of sectors traditionally under public monopoly, such as telecommunications and energy. In the telecommunications sector, for example, the ARMD has already issued its first licenses for Internet service operations to Afrifiber and TO7. As for the energy sector, which is still under monopoly, the ARMD is actively working to gradually open it up, notably by encouraging the diversification of energy production sources.
In this context, the ARMD wishes to draw inspiration from regional best practices, particularly those of Morocco, which is recognized for its success in sectoral regulation. An agreement will soon be signed between the ARMD and Morocco to formalize this strategic collaboration and ensure a fruitful exchange of experiences.
Finally, this meeting highlighted the strategic challenges facing the ARMD in a constantly changing global context. The regulator must ensure that it protects consumer interests while creating conditions conducive to economic growth and innovation in the regulated sectors.
In the long term, the ARMD's objective remains economic development, revitalization of the private sector, and attracting investment to ensure a competitive and healthy business environment.
Source: ARMD
