Horn of Africa's Djibouti dreams of becoming 'new Dubai' For years, Horn of Africa nation of Djibouti was seen by foreign powers as a far-flung military outpost overseeing the Gulf of Aden. Now the strategic port wants to capitalise on its key position on one of the busiest shipping lanes in the world, the gateway to the Suez canal: an African base overlooking Arabia, at the crossroads for cargo traffic between Asia and Europe. A voiced AFPTV report.