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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Nigeria plans Coventry University campus in Lagos with admissions expected in late 2026 Initiative aims to reduce outbound education spending and...
Nigeria signs $496 million dairy investment deal with Asset Green Project includes 20,000-hectare complex, 10,000 cows, processing...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treatment, energy recovery in Douala and...
Newcore Gold increases Enchi project resources to 1.50 million ounces Growth follows drilling across four deposits, boosting development...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...