Geography of Asia though the Middle East is a division of Asia. The demarcation between Asia and Africa is the isthmus of Suez and the Red Sea. The border with Europe starts with the coast of the eastern Mediterranean, even though Turkey in the Near East extends partly into the Aegean Islands and includes Istanbul on the European side of the Bosphorus. On the north the boundary between the continents of Asia and Europe is commonly regarded as running through the Dardanelles, the Sea of Marmara, the Bosporus, the Black Sea, the Caucasus Mountains, the Caspian Sea, the Ural River to its source,
Djibouti and the World Bank location has been crucial in shaping its development. Situated in the Horn of Africa, Djibouti is one of the smallest countries in the world. It is bordered by Eritrea, Somalia and Ethiopia, the latter being completely dependent on Djibouti for its maritime exports. Overlooking the Red Sea and the Gulf of Aden, the port of Djibouti is one of the most strategic trade facilities connecting Asia, Europe and Africa. Its geographic location, its port and the presence of military bases have contributed to Djibouti's economic growth. However, these have also shaped a model of economic growth which has become unsustainable,