February 23: US-Funded Djibouti Base Upgrade Signals Red Sea Security Push
The Djibouti base upgrade matters for Japan. Djibouti inaugurated a US-funded upgrade worth $29 million, or about ¥4.35 billion at ¥150 per $1, expanding the Maryama training base for 1,000 personnel with new simulation facilities. This Red Sea security step sits on the Bab el-Mandeb chokepoint, where disruptions raise freight and insurance costs. We explain how this move may shape shipping risk, African peacekeeping capacity, and Japan’s defense cooperation outlook, and what investors should watch now.
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