South Sudan and Equatorial Guinea announced an historic partnership today in Juba, setting out the terms for a strong bilateral relationship between the African oil and gas producers.
Despite market deal volumes being down by nearly a third for Africa Mergers and Acquisitions, M&A in 2016, international law firm Clifford Chance saw an increase in M&A instructions in Africa in the same period.
The African Development Bank and the Government of Sudan, in collaboration with the International Institute of Tropical Agriculture (IITA) have launched the ENABLE Youth Program in Sudan.
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block in Juba.
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
World Bank and government of South Sudan launch first public private partnership initiative in the country
The World Bank Group and the Government of Sudan have launched Sudan’s first Public-Private Partnership (PPP) initiative. Through a grant from the Public-Private Infrastructure Advisory Facility (PPIAF), the PPP Support Program aims to strengthen the policy and regulatory environment for PPPs in Sudan.