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A service for global professionals · Wednesday, March 3, 2021 · 536,219,926 Articles · 3+ Million Readers
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Sudan Export-Import Bank News  •••  Topics  •  Sudan Media Directory

Sudan Export-Import Bank Newswire

  • Published on Feb 18, 2021

    South Sudan accounts frozen in fight with Jirongo-linked firm

    Former Lugari MP Cyrus Jirongo. [File] South Sudan’s government will not access its accounts in two banks in a battle with a company linked to politician Cyrus Jirongo. The fight over a Sh5.3 billion payment to Yusung Construction Limited has seen High …

    Source: The Standard - Uncategorized
  • Published on Feb 1, 2021

    South Sudan Pursues a Power Sector Revival (By Charné Hundermark)

    By Charné Hundermark South Sudan is re-directing its focus on power sector development in a bid to dramatically transform its electricity market, which faces a deficit of approximately 170 MW and has led to one of the lowest electricity access rates …

    Distribution channels: Business & Economy, Energy Industry ...
  • Published on Dec 16, 2020

    U.S. provides Sudan with financial facilities to clear World Bank arrears: minister

    December 15, 2020 (KHARTOUM) - The United States will provide financial facilities to support Sudan’s debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative, said the Sudanese finance minister in a statement written in Arabic and English …

    Source: Sudan Tribune - Neutral
  • Published on Dec 20, 2020

    Oil-rich South Sudan trapped in dangerous cycle of debt

    Dec 20, 2020 News A terminal under construction at Juba International Airport (2017) with a US$150 million loan from China Ex-Im Bank (AFP)12 Kaieteur News – The Republic of South Sudan is a landlocked country in East Central Africa that is trapped in a …

    Source: Kaieteur News - Neutral
  • Published on Dec 16, 2020

    Sudan welcomes U.S. move to clear $1 bln in arrears to World Bank

    By Reuters Staff (Adds background) CAIRO, Dec 16 (Reuters) - Sudan’s finance ministry said on Wednesday that it welcomed the U.S. Treasury’s move to clear $1 billion in Sudanese arrears to the World Bank after its removal from Washington’s list of …

    Source: Reuters - Neutral
  • Published on Dec 16, 2020

    Sudan welcomes U.S. Treasury's move to clear $1 bln in arrears to the World Bank - tweet

    By Reuters Staff CAIRO, Dec 16 (Reuters) - Sudan’s finance ministry said on Wednesday that it welcomed the U.S. Treasury’s move to clear $1 billion in Sudanese arrears to the World Bank. The move allows Sudan to access $1.5 billion in funds from the …

    Source: Reuters - Neutral
  • Published on Dec 14, 2020

    Sudan says U.S. has committed to providing wheat over four years, financial aid

    DUBAI (Reuters) - Sudan's acting finance minister said on Monday that the United States had committed to providing support for wheat and other commodities over four years as well as for debt relief, as it removes Sudan from its list of state sponsors …

    Source: Investing.com - Neutral
  • Published on Nov 18, 2020

    South Sudan secures first ever lMF loan totalling $52.3 million.

    The International Monetary Fund (IMF) has announced the approval of a $52.3 million loan to South Sudan. In order to address the urgent need to balance pending payments, the IMF approved emergency assistance to the country under the Rapid Credit Facility. …

    Source: Ventures Africa - Neutral
  • Published on Aug 25, 2020

    South Sudan seeks $250 million loan from African Exim Bank

    JUBA, Aug 25 (Reuters) - Cash-strapped South Sudan is seeking a $250 million loan from the African Export-Import Bank, the deputy minister of agriculture said, to implement a long-delayed peace agreement, fight COVID-19 and support food security. “The …

    Source: Reuters - Neutral
  • Published on Oct 15, 2020

    U.S. renews pressures on Sudan to normalize relations with Israel

    October 14, 2020 (KHARTOUM) - The Trump administration has reportedly continued to push Sudan to agree on normalizing ties with Israel in return for a package of incentives that includes removing it from the list of states that sponsor terrorism. Sources …

    Source: Sudan Tribune - Neutral
  • Published on Jan 28, 2021

    Afreximbank Disburses $250m to Nigerian Company to Acquire 45% Stake in Oil Lease

    Get real time updates directly on you device, subscribe now. Subscribe   Afreximbank has disbursed 250 million dollars as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire a 45 per cent stake in Oil Mining Lease (OML) 17 onshore …

    Source: The Herald - Gov't Propaganda
  • Published on Oct 23, 2020

    Trump lifts sanctions on Sudan as he announces deal between African nation and Israel

    Official White House Photo by Tia Dufour Official White House Photo by Tia DufourBy CONOR FINNEGAN, ABC News (WASHINGTON) — President Donald Trump formally notified Congress on Friday that his administration will remove Sudan from the list of state …

    Source: KSRO - California - Uncategorized
  • Published on Oct 3, 2020

    Economic Analysts Question South Sudan's Large Loans

    JUBA , SOUTH SUDAN - South Sudan has secured $88 million in loans from the Africa Export-Import Bank (Afreximbank) after receiving cabinet approval, but local economic analysts say the hefty loans won’t solve the country’s serious economic problems. …

    Source: Voice of America - Public Broadcaster
  • Published on Aug 25, 2020

    S.Sudan to borrow $250 millions for budget deficit

    Author: Charles Wote | Published: 4 hours ago Hon. Lily Albino, deputy minister of Agriculture and Food Security | Credit | ITU Podcasts The government of South Sudan has announced plans to borrow over two hundred million US dollars from the African Export …

    Source: Eye Radio - Neutral
  • Published on Sep 1, 2020

    South Sudan’s forex shortage highlights broader economic crisis

    The South Sudan central bank announced last month that the country had nearly run out of foreign cash reserves.  Daniel Kech Pouch, the second deputy governor at the Bank of South Sudan, told reporters in Juba that there is nothing the central bank can do …

    Source: Mail & Guardian - Neutral
  • Published on Aug 26, 2020

    South Sudan Seeks USD250M Loan for COVID-19 Fight

    Juba – South Sudan’s government is in advanced talks with African Export-Import Bank for a loan of $250 million to cushion the economy from the negative impact of Covid-19. African Export-Import Bank, also referred to as Afreximbank, is a pan-African …

    Source: Red Pepper - Uncategorized
  • Published on Jan 11, 2021

    USTR still slow-walking Biden transition

    With help from Doug Palmer and Cristiano Lima Editor’s Note: Weekly Trade is a weekly version of POLITICO Pro’s daily Trade policy newsletter, Morning Trade. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can …

    Source: Politico - Neutral
  • Published on Jun 14, 2019

    South Sudan seeks $500m loan from African export-import Bank

    South Sudan is seeking a loan of $500m from the African Export-Import Bank to help fund its 2019-20 spending plans, a government official said. The government’s expenditure of $1.3bn will support a proposed unity government aimed at ending a five-year …

    Source: News (South Africa) - Uncategorized
  • Published on Apr 17, 2019

    African Export Import Bank Announces $500 Million Financing Facility For South Sudan

    Washington DC’s historic Willard Continental Hotel hosted the first leg of South Sudan’s Investment Roadshow. In his keynote address Dr Benedict Oramah, President of the African Export Import Bank (Afreximbank), announced that the bank has provided a $500 …

    Source: Africa.com - Neutral
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