Djibouti’s guarantee fund posts 16 million FDJ profit
By the AFREEQUE newsroom, based on ADI
The Council of Ministers, chaired by Ismail Omar Guelleh, examined the bill approving the 2025 accounts of the Djibouti Guarantee Fund (FOGAD). The accounts show 74.2 million FDJ in income and a profit of 16 million FDJ, according to ADI.
The Djibouti Guarantee Fund (FOGAD) recorded a net profit of 16,028,279 Djiboutian francs (FDJ) in 2025, up 12% from the 14.3 million FDJ recorded in 2024, according to Djibouti’s Ministry of Economy and Finance, in charge of Industry, presented on Tuesday to the Council of Ministers.
FOGAD’s income reached 74.2 million FDJ, an increase of 2.8% year on year, notably thanks to a State operating subsidy of 71 million FDJ, up 5 million. Expenses stood at 58.2 million FDJ, an increase of 285,200 FDJ, or 0.5%, mainly due to higher other operating expenses, partly offset by lower staff costs, according to the ministry.
