Public Management

France pledges $66 mln in aid for Sudan and pleads for country’s removal from US terror list

France pledges $66 mln in aid for Sudan and pleads for country’s removal from US terror list
Wednesday, 18 September 2019 13:19

Sudan welcomed Monday the French foreign minister, Jean-Yves Le Drian (pictured), a few weeks after the transition government was formed. Following a meeting with authorities, the French official announced his country is pledging $66 million in aid for the country, with an immediate disbursement of $16.5 million.
Le Drian said the new funding will help Sudan “go through its peaceful revolution.” This is good news for a country seeking to revive its economy. Indeed, the government recently announced it wants to raise about $10 billion to offset impacts of currency shortages and rising inflation. Sudan also wants to enter the international financial system from which it has been isolated since the 1990s following US sanctions.
During his visit, the first of its kind by a senior French official in more than a decade, the French minister also announced that France would press for Sudan's removal from the US terror list. “We will leverage our position to get Sudan off that list,” said Jean-Yves Le Drian.
The announcement comes a few days after Egypt said it would begin discussions with Washington to end sanctions.
Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Schiba plans to launch a life insurance subsidiary to expand its financial services arm. Côte d’Ivoire’s insurance market grew 10% in 2025, driven by...
EBID project commitments reached $813.77 million, up 83%, with approvals rising 50%. Focused on energy and transport, sectors critical to...
Raised $12.65 million, backed by Firstrand, Standard Bank, Allan Gray and the SA SME Fund Focused on early-stage startups, with first...
Kenya tax revenue rises to 2.038 trillion shillings by March Growth driven by reforms, digitalisation, and stronger compliance Collections...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.