Sudan needs structural reforms to broaden its economy and encourage private business to reduce a 46 per cent poverty rate, and qualify for relief on its $35 billion external debt, the World Bank’s vice president for Africa said yesterday.
Over the past two weeks beyondbrics has run a series of posts looking at the rise of the emerging market consumer. To round it off it we head to the rawest end of Africa’s wilderness spectrum, where one multinational is trying to create a market for its product out of the dust.
NAIROBI // Sudan is at a crossroads and perhaps no one knows this better than John Paguir. As the undersecretary for trade in the government of Southern Sudan, Mr Paguir’s job is to attract foreign investment in the aspiring nation.
Egyptian Investors to Visit Khartoum, Juba
Egyptian investors from business and private sectors today will arrive in the country to visit both Khartoum and Juba from Aug. 30-Sept.9 within the framework of cooperation and commercial exchange between Sudan and Egypt to get acquainted with investment opportunities in the country
When EIC opens the office it will be the second Ethiopian government firm to operate in juba next to Commercial Bank of Ethiopia, which more than 50 percent market share in the local banking industry.
BEIJING: South Africa has defended China’s surging investment in Africa, saying Beijing is not pursuing a neocolonial policy and its growing interest in the continent is positive, a report said Wednesday read more...