The Executive Boards of the World Bank's International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
The agreement will see the DGCX and FMA collaborate on areas of mutual benefit, foster collaboration, and exchange knowledge around gold trading.
The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group (IsDB) and the United Nations Industrial Development Organization (UNIDO) have held a high-level bilateral meeting to highlight two project agreements.
Following approval of the proposal by the Boards of Directors of the African Development Bank Group to clear about $413 million in arrears on loans owed by Sudan, the Bank Group has completed the arrears clearance process.
The Boards of Directors of the African Development Bank Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution.
Sudan Digital is a digital marketing agency operating in Khartoum and Dubai while delivering digital marketing solutions for clients across the globe. The company’s CEO and founder Abdelaziz Musa explains.
United Capital Bank, UCB, is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about $500 million dollars following the recent decision on the exchange rate.
The Republic of Sudan has cleared its arrears to the International Development Association (IDA), enabling its full re-engagement with the World Bank, paving the way for the country to access nearly $2 billion in IDA grants.
The World Bank approved additional financing of $210 million in IDA Pre-arrears Clearance Grant and $210 million in donor contributions for the second phase of the Sudan Family Support Program (SFSP), the Thamarat Program.
Through the bank’s partnership with Network International, Faisal Islamic Bank will issue Mastercard-branded debit, credit and prepaid payment cards in Sudan for use online, in-store and at ATMs.
Women business leaders and entrepreneurs from the United States, Bahrain, Morocco, Israel, United Arab Emirates, Sudan, Uzbekistan, and Kosovo have convened for the virtual launch of the United Women’s Economic Development Network.
The United States has provided 65,000 metric tons of wheat in the Republic of Sudan through a grant worth $20 million from the U.S. Agency for International Development (USAID) to the World Food Programme (WFP).
The African Development Bank (AfDB) approved financing for $14.96 million project to help women in Sudan access finance and grow their businesses.
Bolloré Transport & Logistics has been awarded a contract to provide medical warehousing solutions to UNHCR, the UN Refugee Agency in Sudan.
The World Bank approved an education program supported by a $61.5 million grant from the Global Partnership for Education (GPE) for the Sudan Basic Education Support Project.
The United Nations World Food Programme (WFP) Sudan received a contribution of $1.7 million from the Government of Japan to support vulnerable people whose livelihoods and food security are most at risk because of desert locust swarms.
The World Health Organization received a donation of $1 million from the Qatar Fund for Development to support its ongoing work in Sudan for a period of one year.
The U.S. administration has decided on a plan that entails the suspension of financial assistance for Ethiopia due to the country’s dispute with Egypt and Sudan over the Grand Ethiopian Renaissance Dam project.
Andersen Global has entered into a Collaboration Agreement with the law firm Ali Gailoub and Samia El Hashmi in Sudan.
The Green Climate Fund (GCF) has approved $25.6 million in new funding for an innovative climate resilience project in Sudan, designed to promote agriculture, health, and food and water security.
CoProvider, a B2B marketplace based in Dubai, has chosen Sudan Digital as its sole digital marketing agency to help the business in its next phase of growth.
With more than six million students out of school due to closures related to the COVID-19 pandemic, the World Bank Board approved a project to support continued learning at home, and safe transition back to school during recovery.
The World Food Programme (WFP) has launched its nutrition support programme for the first time in Khartoum for 175,000 pregnant and nursing women and children under five, in collaboration with the Khartoum State Ministry of Health.
The Government of Sudan last month began facilitating the return home of the first of an estimated 15,000 Sudanese nationals stranded overseas, many in urgent need of assistance, with the support of IOM.
Three leading international financial institutions, the African Development Bank, the World Bank, and the International Monetary Fund (IMF), pledged multi-pronged support to Sudan.
QNB Group has become the first bank in Sudan to have successfully performed an international payment card transaction in partnership with Mastercard,
The African Development Bank has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan.
As part of its vision to transform its economy, the Republic of Sudan has announced a new commitment to accelerate the transition from cash to digital payments.
AfDB's Board of Directors has approved a $1.2 million grant to Ethiopia's government to finance a feasibility study for construction of a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan.
The Government of Sudan and the United Nations World Food Programme (WFP) have signed a Memorandum of Understanding (MoU) to support the government’s Family Support program that will provide Sudanese families direct cash transfers.
Sudan’s national fibre optic backbone and international fibre connections have placed its telecommunication infrastructure among the regional frontrunners.
The United Nations World Food Programme in Sudan received a contribution of US$1 million from Japan, for the treatment of acute malnutrition of 127,000 infants, mothers and pregnant women in Central and West Darfur states.
The Abu Dhabi Fund for Development (ADFD) has provided Sudan with agricultural supplies worth AED40 million (US$10.8 million) as part of the UAE’s support for the agricultural sector in Sudan.
The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country.
The Chinese International Shandong (CSI) company has expressed desire to invest in animal resources sector and contributes in developing it.
The United Nations World Food Programme (WFP) in Sudan has hosted a consultative forum on post-harvest losses, to explore ways of reducing food losses through approaches such as hermetic storage bags.
The United Nations World Food Programme (WFP) in Sudan hosted an event on post-harvest losses, to explore ways of reducing food losses through approaches such as hermetic storage bags.
MTN has partnered with the International Organization for Migration (IOM) – enabling returning migrants to use its mobile money service MoMo to re-establish their livelihoods in the country.
Ministers from Egypt, Ethiopia and Sudan reached a long-awaited agreement on the operation of the Grand Ethiopian Renaissance Dam, which will represent the largest hydropower project on the continent upon completion.
The African Development Bank's Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country's West Kordofan and North Kordofan states.
The African Development Bank, AfDB, Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion programme.
Sudatel Telecom Group Board of Directors has appointed Mr. Sami Yousif Mohamed as CEO and Group President effective immediately.
Sudan and IFAD launch €77.7 million programme to help 720,000 smallholder farmers adapt to climate change
With over 80 per cent of the Sudanese labour force engaged in agriculture, a new €77.7 million programme to increase food security and ensure access to natural resources is a vital investment in Sudan’s future.
Air Afrik will cut roughly 80 per cent of its salaried staff in both Kenya and South Sudan by November as part of the company’s restructuring process.
Sudan, IFAD partner to help smallholder farmers adapt to climate change and manage natural resources
Sudan and the International Fund for Agricultural Development (IFAD) have entered into a new €77.7 million programme that aims to increase food security and ensure access to natural resources in the country.
Sudan and Ethiopia agreed on Friday to establish a joint oil pipeline, to serve the two countries.
IFAD has opened a regional office in Cairo to serve as a strategic rural development center for its work to reduce poverty, empower women and youth, and create employment opportunities in seven countries across the region.
Netherlands donates $28 million to build more resilient food systems in Somalia, South Sudan and Sudan
The Kingdom of the Netherlands has contributed $28 million to back FAO's work to boost the resilience of food systems in Somalia, Sudan, and South Sudan.
The Government of Sudan and development partners including the World Food Programme officially extended until 2021 an agreement that supports the development of a national law making salt iodization mandatory.
Air Serv is expanding operations in eastern Africa with the deployment of two aircraft to Sudan and South Sudan.
Desert Locust summer breeding, amplified by heavy rains, can pose a serious threat to agricultural production areas of Yemen, Sudan, Eritrea and parts of Ethiopia and northern Somalia during the next three months, FAO warns.
The Free Trade Zone is an excellent idea and can be implemented to become a global reality that benefits the whole world, and not just Africa
Emirates has resumed flights to Khartoum, the capital of Sudan. Currently, Emirates operates a B777ER on the route.
Saeed Talfo has spent about a decade working in ICT, telecom delivery and service, and HE is currently the CEO of GLSD.
Qatar Airways has announced the suspension of its operations to the Sudanese capital Khartoum effective April 1, 2019, according to a statement issued by the airline.
The African Development Bank has approved its first private sector investment in Sudan in a multi-currency loan equivalent to $75 million to DAL Group.
Deputy President Mabuza says SA working together with other leaders of the IGAD countries will continue to provide support for a successful implementation of a peace agreement in South Sudan in finding lasting peace, stability and development.
The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the country.
The Embassy of the Republic of Sudan in the Kingdom of Saudi Arabia has announced the opening of it's first-ever visa application centre in the world in Riyadh in partnership with VFS Global.
Sudan's economic future may rest in the hands of its smallholder farmers. Two thirds of the country's population, 36.2 million people, live in rural areas and agriculture provides essential employment for 70-80 percent of the labour force.
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan.
The African Development Bank and Sudan’ Finance and Economic Planning ministry have presided over the signing of a $1-million grant to facilitate Sudan’s access to debt relief.
Etihad Airways offers free stopovers to all Economy Class guests from the Middle East, Africa, Pakistan
Etihad Airways is offering one night’s free accommodation in Abu Dhabi to all guests travelling in Economy Class from destinations* in the Middle East, Africa and Pakistan, and stopping over in the nation’s capital.
A private airline based in Khartoum, Sudan, Badr Airlines, started a new scheduled flight service to Addis Ababa. The airline performed its inaugural flight from Khartoum to Addis Ababa with a Boeing B737 aircraft on April 27, 2018.
Sudan telecommunication and internet provider Sudatel Telecom Group and pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, have signed a memorandum of understanding to build new FTTH networks across Sudan.
Member of the Managing Board of Siemens AG Ms. Janina Kugel, together with regional and pan African executive management visited Sudan.
The Italian Agency for Development Cooperation and the United Nations Industrial Development Organization (UNIDO) have signed an agreement for the allocation of €2.25m for the implementation of a new project in Sudan.
Global aviation technology company Leonardo has strengthened its presence in Africa in the field of air traffic control with the signing of two agreements to provide ATC systems in Somalia and Sudan.
The Board of Directors of the African Development Bank Group (AfDB) has approved Sudan’s Country Brief 2017-2019, designed to help the country build resilience and address core issues of fragility.
The Federation of National Association of Women in Business (FEMCOM) has officially launched the Sudanese Business Women Secretariat as the FEMCOM National Chapter.
In a collaborative initiative, the African Development Bank (AfDB) and the Food and Agriculture Organisation (FAO) have joined efforts to operationalize the ‘Desert to Power program’ in eleven countries including Sudan.
The World Bank, in partnership with Sudan’s Ministry of Agriculture and Forestry, has launched the 2017 Enabling the Business of Agriculture (EBA) report.
Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban.
American President Lines, APL, a US international shipping company has stated that it is resuming operations at the coastal port of Sudan after a 20 years’ hiatus.
Ambassador Jean-Michel Dumond, Head of Delegation of the European Union to Sudan (EU) and Khaled El Mekwad, Representative of the United Nations Industrial Development Organization (UNIDO), have signed an agreement to implement a project to foster employment opportunities and economic growth in Sudan.
On February 28, 2017, the President of the African Development Bank visited the Kenana Sugar Company (KSC) in Sudan, which is by far Africa’s largest sugar-producing agro-industrial complex and world’s largest producer of white sugar.