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
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
Kenyan court dismisses challenge to Diageo’s sale of EABL to Asahi Ruling removes major legal risk tied to long-running distributor...
Moscow calls for joint food stockpiles within expanded BRICS bloc Middle East war disrupts fertilizer flows and drives up energy...
Mulilo finalized financing for the 337 MWdc Middlepunt solar project under REIPPPP Bid Window 7. The plant will supply 240 MWac under a 20-year...
Uganda plans to mobilize $83 million to support its struggling tea industry. The plan includes factory bailouts, debt repayments, and...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...
French lawmakers approve colonial-era restitution framework unanimously Law enables returns by decree, replacing case-by-case...