The African Development Bank (AfDB) has signed tripartite grant agreements of US$ 34.8 million and US$ 43.8 million with the Republic of Somalia and the Republic of South Sudan respectively and the Intergovernmental Authority on Development (IGAD) under the Bank’s ‘Say No To Famine – Short Term Regional Emergency Response Project – STRERP’. IGAD will...
Net profit for 2016 up 8.5 percent to Sh12.7 billion from Sh11.7 billion the previous year
KPA projects traffic at the new facility to hit 23.9 million tonnes by 2030 and attract some cargo which would traditionally pass through the Ports of Sudan, Djibouti and Mombasa
The introduction of Chinese currency yuan into South Sudan will boost trade between China and South Sudan, a business lobby has said. Simon Akuei Deng, Secretary General of South Sudan Chamber of Commerce, Industry and Agriculture, said the proposal made last month by Kenya’s CFC Stanbic Bank to introduce trading of yuan into its South...
South Sudan’s political and military elite have made themselves rich while the country has struggled under a civil war of their making, a report says. Commissioned by actor George Clooney, the document accuses President Salva Kiir, opposition leader Riek Machar, and top generals of profiteering. It follows the trail of money with links to the...