afdb provides sudan with 200 million dollars
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Stressing its support to Sudan

AfDB provides Sudan with 200 million dollars

Arab Today, arab today

Arab Today, arab today AfDB provides Sudan with 200 million dollars

Sudan's Minister of Finance and Economic Planning, Badr al-Din Mahmoud
Khartoum-Mohamed Ibrahim

Sudan's Minister of Finance and Economic Planning, Badr al-Din Mahmoud, revealed, on Wednesday, that he President of the African Development Bank Group(AfDB), Dr. Akinwumi Adesina, announced his readiness to provide financing worth 150 million dollars to 200 million dollars for the project of Kenana Sugar in Sudan to strengthen its capacity and expand its production and the inclusion of Kenana in global capital markets.

Mahmoud pointed out that AfDB stressed that the future of Sudan is promising after lifting of sanctions and the opening up of Sudan at the regional and its African surroundings, revealing an investment forum in Africa organized by AfDB, which it will provide extensive opportunities for Sudan.

The minister said that Dr. Akinwumi Adesina discussed with the President of the Republic of Sudan, many and varied issues, including Sudan's relations with the bank and projects it financed in Sudan.

"The president stressed that he seeks to enhance the national unity through national dialogue to reach a political settlement with the parties, pointing out that the previous period witnessed a significant improvement in Darfur and the areas of conflict," Mahmoud said.

The Sudanese Finance Minister stressed, at a joint press conference with the President of AfDB, Sudan's support of the Bank, the African Union and African mechanism to resolve the African continent's problems, and stressing the role of Sudan to achieve peace in the region. He pointed out that Sudanese President Omar al-Bashir, called on the bank to provide a strategy for projects to feed Africa, manufacturing agricultural,  and energy in Africa and support for renewable energies from the bank, as well as the African Integration in the financing of the projects between Sudan and Ethiopia in the electricity and railway projects, and continue to exempt Sudan's debt program in accordance with the international initiatives.

For his part, the President of AfDB congratulated Sudan over lifting of the sanctions, calling on Sudan to continue with development partners and AfDB. He also said that Kenana project is a great job and that the factory produces thousands of tons of sugar, ethanol and animal feed, promising that his bank will provide Sudan with million dollars to continue the ongoing projects in the education and water sectors, along with the diversification of income sources and combating desertification to bring a measure of stability in the countryside.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

afdb provides sudan with 200 million dollars afdb provides sudan with 200 million dollars

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

afdb provides sudan with 200 million dollars afdb provides sudan with 200 million dollars

 



GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 14:30 2018 Friday ,07 December

Major oil producers haggle over production cut

GMT 02:14 2017 Wednesday ,25 October

Oct24/Nov22

GMT 14:53 2017 Thursday ,05 October

R+Co unveils new hair launches

GMT 12:49 2018 Saturday ,20 October

Trump Administration preparing to exit INF Treaty

GMT 08:38 2018 Friday ,19 January

EU car sales top 15-mn barrier in 2017: data

GMT 12:31 2016 Thursday ,22 December

Balotelli off as Monaco close

GMT 11:52 2016 Friday ,09 December

1,000 Russian athletes in 'institutionalised' doping

GMT 04:42 2016 Monday ,19 December

Saudi Deputy Crown Prince meets Pakistan Army Chief
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday