Home | News    Tuesday 5 August 2014

African Development Bank allocates $168m to Sudan

separation
increase
decrease
separation
separation

August 3, 2014 (KHARTOUM) – The resident representative of the African Development Bank (ADB) in Khartoum Abdul Kamara disclosed that resources allocated to Sudan in the 13th renewal of the fund, are estimated at $168 million for the years 2014 to 2016.

JPEG - 22.2 kb

Sudan’s minister of finance and national economy Badr al-Din Mahmoud said during a meeting with Kamara said that the resources will be utilised for a range of projects to be agreed between the two parties, including efforts to improve education and ward off the effects of drought.

Mahmoud stressed Sudan’s interest in developing the capacities of the private sector, pointing to the importance of the upcoming ADB’s mission in order to establish a workshop to raise awareness of the private sector to take advantage of the money allocated by the bank.

The minister also stressed the importance of developing trade cooperation relations with South Sudan and the establishment of a free zone for the benefit of the two countries within the framework of the study prepared by the ADB for the development of regional trade.

He also discussed with the ADB official poverty eradication projects in Sudan and the relationship of cooperation between the two sides.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Unity of Bentiu communities 2016-06-26 22:54:17 By Hon Lam Tungwar Kueigwong The Northern Liech State Government, under the Leader of Gen. Salva Kiir Mayardit President of Republic of South Sudan and the State Governor Dr Joseph Nguen (...)

JMEC’s statement on the despairing situation of South Sudan 2016-06-26 18:37:50 By James Okuk, PhD In the Opening statement delivered to the members during the plenary meeting in Juba on 23rd June 2016 by H.E. Festus G. Mogae, the Chairperson of the Joint Monitoring and (...)

Are we having only sixteen corrupt officials in South Sudan? 2016-06-26 04:36:33 By Peter Gai Manyuon The major corruption scandals since the beginning of the self-rule has been the so-called “Dura Saga” although there have been dozens of other significant instances of a (...)


MORE






Latest Press Releases


Sudanese students, activists are at risk of torture: HRW 2016-05-25 14:40:51 Human Rights Watch Sudan: Students, Activists at Risk of Torture Free Detainees; Investigate Abuses (Nairobi, May 25, 2016) – Sudanese national security officials have detained dozens of (...)

South Sudan: Civilians Killed, Tortured in Western Region 2016-05-24 22:01:01 Human Rights Watch For Immediate Release South Sudan: Civilians Killed, Tortured in Western Region Provide Justice for Army Abuses in Western Regions (Nairobi, May 24, 2016) – South Sudanese (...)

Open Letter to President Salva Kiir and 1st Vice President Dr. Riek Machar 2016-04-18 12:36:12 South Sudan Women United April 15, 2016 Your Excellencies: South Sudan Women United writes to congratulate you both on the steps you are taking towards ending violence in South Sudan and (...)


MORE

Copyright © 2003-2016 SudanTribune - All rights reserved.