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Last week it emerged that the Djibouti government is set to withdraw DP World’s 30-year concession to operate the country’s container terminal, as reported here by Bloomberg, citing corruption in the bid process and following the launch of operations. Around a third of the tiny Red Sea state’s revenues come from transport – with Somali pirates to the south, and the chaos of the Arab Spring still being felt to the north, it has at times seemed an oasis ...

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