updated Mon. February 19, 2024
-
ReliefWeb
April 1, 2018
The Strategic Reserve Corporation (SRC) of the Agricultural Bank of Sudan (ABS) is attempting to control staple food prices and improve market access ... Over 4,500 South Sudanese refugees arrived in Sudan in February, increasing the number of new arrivals in 2018 to over 10,300 refugees, which isÃâà...
ReliefWeb
March 30, 2018
Meeting with banks active in the region. In addition to governments, EU missions can highlight the risk of illicit activity and money laundering in relation to operations in South Sudan or with South Sudanese PEPs through direct meetings with banks. This includes major banks in the region, as well as thoseÃâà...
The Star, Kenya
March 20, 2018
Scientists are banking on semen from Sudan to sustain white rhinos. Sudan, who died on Monday at the Ol Pejeta Conservancy, was the world's last male northern white rhino. The 45-year-old rhino died of old-age related complications. Ol Pejeta Conservancy CEO Richard Vigne yesterday told the StarÃâà...
africanews
March 15, 2018
The Sudanese pound has weakened against the dollar in recent months on the black market amid a shortage of hard foreign currency, in turn forcing the central bank to devalue the pound twice this year. Since January, sporadic protests have erupted in Khartoum and some other parts of the country afterÃâà...
Sudan Tribune
March 14, 2018
March 14, 2018 (KHARTOUM) - A Sudanese minister Wednesday said Australia has offered to deposit seven billion dollars in the Sudan central bank and to dedicate four others in the mining industry. Minerals Minister Hashim Ali Salim told reporters following a meeting with President Omer al-Bashir thatÃâà...
Ecofin Agency: Economic information from Africa
March 14, 2018
In recent months, the Central Bank has been trying to steer the money flow into the formal banking system through two sharp devaluations of the local currency (Sudanese pound) since January. The first time its value dropped from 6.7 to 18.7 SDG per dollar in January, then declined to 31.5 per dollar inÃâà...
Arab News
March 13, 2018
KARTOUM: The Sudanese news agency announced on Tuesday that the Central Bank of Sudan will receive a $1.4 billion deposit from UAE to support its foreign currency reserves. ... The move was a bid to attract foreign investment but foreign currency remains in short supply in the legitimate Sudanese banking system.
AllAfrica.com
March 9, 2018
Khartoum — Within the context of the outstanding economic relations between the Sudan and Turkey, an agreement was signed Thursday with a Turkish company to provide banking facilities for the Sudan Central Bank to the tune of two billion dollars to be used to import of petroleum products, wheat,Ãâà...
Hurriyet Daily News
March 9, 2018
Sudan's central bank has said it agreed a $2 billion loan from a Turkish company to provide banking facilities and to import petroleum products and wheat. ... Khartoum devalued the Sudanese currency to 18 pounds per dollar in January from 6.7, but black market rates soared as high as 40 pounds lastÃâà...
AllAfrica.com
March 2, 2018
Khartoum — Sudan's medical commission will close the doors of all branches effective tomorrow due to the interruption of the medical supplies of yellow fever serum. Dr Mohamed Saad Hashim, the deputy director of medical commission announced stopping work at all branches of the commission as ofÃâà...
African Arguments
February 22, 2018
Many others in Sudan have been having the same experience recently. In the first weeks of 2018, the Sudanese pound devalued rapidly, going from 32 SDG to the dollar to 44 SDG in just a few days. People rushed to withdraw their savings to purchase dollars or gold. The banks responded by quicklyÃâà...
ReliefWeb
February 20, 2018
The Executive Directors of the African Development Bank concluded a five-day Consultation Mission to Sudan on Tuesday, 15th February 2017 with a ... The mission met with development partners and had a working dinner with a cross section of the Sudanese Businessmen and Employers Federation.
AllAfrica.com
February 5, 2018
Sudan: Gulf Bank Exerts Efforts to Raise Banking Exchange Volume Between Sudan and UAE ... Shaza pointed out that the Gulf Bank was the product of a UAE-Sudanese partnership that represents an extension of the economic exchange between the two countries, which started decades ago, explainingÃâà...
africanews
February 5, 2018
The Sudanese pound has fell to record lows on the black market this year after is was devalued to 18 per dollar from 6.7 following a call by the International Monetary Fund (IMF), to let the currency float freely. The central bank called on commercial banks for better coordination in order to put the foreignÃâà...
ReliefWeb
February 2, 2018
It is a long journey from the capital Juba to reach remote communities on the West Bank of the Nile. First, it takes an early morning flight to Malakal over its large United Nations protection site, then a short hop via helicopter to Kodok, and finally an hour-long ride with the Bangladeshi riverine patrol. The tripÃâà...
CNN
December 31, 1999
This number is expected to boom even further as Sudan's young e-commerce entrepreneurs drive customers out of the shops and into the online ... is a new phenomenon is that we've been allowed to get in touch with the world once again," said Yousif Ahmed El Tinay, CEO of Sudan's United Capital Bank.
Journalducameroun.com
December 31, 1999
The Intergovernmental Authority on Development (IGAD) has warned that the regional body will freeze the bank accounts of any South Sudanese leader found to have violated the ceasefire accord.IGAD's special envoy Ismail Wais made the remarks during the opening session of the UN Security CouncilÃâà...
