Sudan to link railway network to S. Sudan and Ethiopia

January 3, 2017 (KHARTOUM) – Sudan’s President Omar al-Bashir on Tuesday unveiled plans to build a railway system that links the country to landlocked Ethiopia and South Sudan.
“We will connect [Sudan’s] railway lines to Ethiopia,” al-Bashir said while inaugurating a new train line linking capital Khartoum to the city of Wad Madani, the capital of Sudan’s central El Gezira State.
“We also seek to link our railway to South Sudan so that it might serve as a transit hub with Kenya and Uganda, (…)


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South Sudan still owes Khartoum $1.3 billion in oil debt: official

December 5, 2017 (JUBA) – South Sudan still owes neighbouring Sudan, from which it seceded in July 2011, up to $1.3 billion as part of a 2012 deal both nations inked to end their disputes over oil matters.
The South Sudanese ex-deputy finance minister, Mou Ambrose Thiik told Reuters prior to his removal from the ministerial post on Friday last week that the figure was equivalent to eight years worth of oil revenues for South Sudan.
South Sudan got the lion’s share of the oil when it split (…)


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40 Million Nigerians In 11 States Are Caught In A Fight For Their Livelihoods That They Can’t Win Alone

Every year Nigeria loses between 350,000 and 400,000 hectares of forest cover, and over 10.5 billion naira to environmental challenges. Unofficial estimates put the annual losses in the billions of dollars.

The post 40 Million Nigerians In 11 States Are Caught In A Fight For Their Livelihoods That They Can’t Win Alone appeared first on Africapedia.

S. Sudan quietly removes fuel subsidies over hard currency

December 2, 2017 (JUBA) – South Sudan has quietly removed subsidies on fuel, a move many government officials attributed to the scarcity of hard currencies, which had made it difficult to afford subsidies in country.
A senior official at the government-run national oil company told Sudan Tribune on Saturday that they were now operating under a difficult situation after failing to procure more fuel for subsidised sale.
“We are operating under a difficult situation. It is an extremely (…)


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Sudan and South Sudan to jointly write off foreign debts

October 31, 2017 (KHARTOUM) – The governments of Sudan and South Sudan on Monday agreed to jointly work on convincing the international community into writing off their joint foreign debts and to extend the zero option agreement that expires on October 2018.
The decision, SUNA reported, was agreed upon during at a meeting held between Sudan’s finance minister, Mohamed Osman Al Rikabi and his South Sudan counterpart, Stephen Dhieu Dau in Khartoum.
Both leaders reportedly agreed it was vital (…)


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South Sudan delegation in U.S for IMF/World Bank meetings

October 9, 2017 (WASHINGTON) – A high-level South Sudanese delegation led by its Finance and Planning Minister, Stephen Dhieu Dau is in Washington DC to attend the annual meeting of the World Bank and International Monetary Fund (IMF) Boards of Governors.
The annual meeting will take place from 09-15 October.
The event brings together central bankers, ministers of finance and development, parliamentarians, private sector executives, civil society representatives and academics to discuss (…)


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