Sudan Secures $1.5Bn Chinese Loan
Sudan has secured a $1.5bn loan from long-time trading partner China, the country’s Finance Minister ‘Ali Mahmoud said, which many hope could go some way toward easing its current economic crisis.
The minister noted the loan would be coming from a Chinese bank and guaranteed by state-controlled China National Petroleum Corporation (CNPC), which is by far the largest foreign player in both Sudan's and...