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


Undermining South Sudanese expertise’s is ironical! 2014-09-19 10:15:59 By Peter Gai Manyuon September 18, 2014 - The recent order from the Ministry of Labor and Public Service in the Republic of South Sudan that was issued on 16th of September 2014 is absolute (...)

Sudan - Colliding interests 2014-09-16 10:04:11 By Mohamed Elshabik September 15, 2014 - Sudan seems to be unconcerned by the current political crisis in the region. Amid a prognosis of full-scale war in South Sudan, unrest in Egypt, chaos in (...)

A pastoral appeal to South Sudanese to reconcile 2014-09-16 09:19:03 By Rev. Bernard Oliya Suwa, PhD September 15, 2014 - The 15th of December 2013 is a date that we South Sudanese are not going to forget any time soon – and so we shouldn't! After the violence (...)


MORE








Latest Press Releases


Sudan Democracy First Group: Art as resistance – art as resilience 2014-09-09 12:34:15 Sudan Democracy First Group Art as Resistance – Art as Resilience September 8, 2014 - To mark the third anniversary of the resumption of civil war in Blue Nile and Nuba Mountains/South Kordofan, (...)

Sudan: Those behind unlawful killings and torture of protesters must be brought to justice 2014-09-03 13:13:43 Amnesty International Sudan: Those behind unlawful killings and torture of protesters must be brought to justice The brutal suppression of protest in Sudan must end, and members of the security (...)

National Dialogue in Sudan: Past experiences and current challenges 2014-08-27 06:18:22 Sudan Democracy First Group (SDFG) Since independence, Sudan has undergone a number of national peace agreements, some of which were observed and honored for short periods, others which were (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.