South Sudan rallies Nigeria, others to investment opportunities

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AFDB Berita

James Alic Garang

Governor of the Bank of South Sudan, Dr James Alic Garang, said his country is open to investors, including Nigerians, who are willing

to take advantage of its vast opportunities. The regulator stated this ahead of the African Central Bank governors’ meeting holding in Abuja today where Garang will be speaking to an audience comprising… to take advantage of its vast opportunities.

He noted that the core of the pursuit for growth is rooted in the Revitalised Peace Agreement, which has anchored the stability of the country relatively well since 2018, as a result of which the country is gearing towards general elections in December 2024. He said oil has been the mainstay of the economy in recent years until it was interrupted by conflict between the Sudan Armed Forces and the Rapid Support Forces .

“Take mining as an example, studies have shown that South Sudan is sitting on vast wealth that can propel its progress even in the absence of oil money.” to take advantage of its vast opportunities. The regulator stated this ahead of the African Central Bank governors’ meeting holding in Abuja today where Garang will be speaking to an audience comprising…

Nigeria's minister of state for the environment unveiled an elephant-shaped sculpture made with confiscated ivory on Wednesday -- the country's latest bid to raise awareness as it struggles to combat the illegal wildlife trade. The moulded grey statue incorporates ground-down fragments from a record $11 million, 2.

 

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