In a statement issued March 10, the African Development Bank (AfDB) announced it is giving the Sudanese government $75 million to improve food security across the country.
The operation is part of a deal signed between the pan-African body and DAL Group, Sudan’s largest food and agriculture business company. Under this agreement, DAL will provide financing for projects aiming at lowering the country’s dependency on imports and increasing its capacity to source and produce raw materials locally.
“At the end of the day, Sudan is an agricultural country, and there is so much we can do. I hope this is the beginning of many projects we can do together,” said, DAL’s Chairman, Osama Daoud Abdellatif.
“The financing will also support DAL Group initiatives toward creating a conducive work environment for women and promoting equal opportunities for employment, such as up-skilling and training, creating an adapted industrial working environment that accommodates the cultural needs of women, as well as family-friendly work schedules and social benefits,” according to AfDB.
Moutiou Adjibi Nourou
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Gulfcam plans to acquire six vessels to strengthen container transport between Kribi and Douala. The company aims to handle up to 50% of freight...
Dangote Cement’s sales in Cameroon fell 14.1% in 2025, dropping to 1.2 million tons. The company links the decline to economic disruption tied to...
MSC has signed a 45-year concession with Nigerdock to develop a container terminal at Snake Island Port in Lagos. The project is part of a...
Benin has approved a national food and nutrition strategy covering 2026–2030. The plan aims to turn national nutrition policy into concrete, funded...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...