Financial and Banking News


Sudan Receives Assistance from West Germany and IFAD 

Sudan is to receive $17.5mn in aid and loans from West Germany and the International Fund for Agricultural Development (IFAD), according to agreements signed earlier this month. West Germany will provide two grants worth DM 19mn ($7.5mn) for the southern electric power network and for feasibility studies on projects undertaken by German companies. IFAD will lend $10mn to co-finance the second...