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
ACK Holding signed an agreement to acquire Colas Gabon, a subsidiary of Bouygues. The deal includes industrial assets and 254 employees, with...
BICICI posted a net profit of CFA36.5 billion ($65.4 million), up 39.3% year-on-year in 2025. Customer loans fell to CFA524.4 billion as the...
Shares gained 42.36% in 2025 and hit an all-time high of 37,500 CFA francs in 2026, delivering investors a sustained rally on the BRVM...
Côte d’Ivoire signs $888 million deals at IMF-World Bank meetings Agreements target social sectors and $300 million energy...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
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.