The funding committed by the British International Investment (BII) is the latter's first commitment that will directly benefit the Sudanese population.
UK development finance institution British International Investment (BII) announced, Wednesday, it committed $50 million to support food availability in Sudan. The funds will support the acquisition of 280,000 tons of wheat, through the Sudanese group DAL, we learn.
Specifically, the funds will strengthen DAL Group's long-term working capital requirements, enabling the company to import wheat and boost flour supplies to retail outlets and businesses in Sudan.
The transaction is the BII's first investment to "directly benefit the people of Sudan." It reflects the institution's commitment to supporting the supply of foodstuffs in the country. DAL Group, which operates in several sectors including food and beverages, agriculture, earthworks, real estate, energy, mining, automotive, health, and education, will leverage the support to further anchor its operations in South Sudan.
Chamberline Moko
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
Nigeria opened a formal investigation into Temu over alleged violations of its 2023 data protectio...
The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...
Senegal trade rose 19.4% to 13,214 billion CFA Exports jumped 51.8%, driven by gold and oil Economy grew 7.9% in 2025, IMF says Senegal's...
Nigeria misses 2025 targets under Presidential CNG Initiative About 300 centers, 40 stations built since 2023 Government aimed for 500 centers, 150...
Puleng Pitso, Investment Officer at Ninety One | Emerging Africa and Asia Infrastructure Fund (EAAIF), explains how the fund acts as the architect of...
Ghana to receive 100 buses for Metro Mass Transit Government plans over 300 buses by year-end Operational fleet fell from 1,000 to about...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...