South Sudan acquires $400m African Development Bank loan ...Sudan

July 29, 2024 (JUBA) – South Sudan has acquired a $400 million loan from the African Development Bank (AfDB) to boost an economy facing very high inflation. The country’s Finance minister, Marial Dongrin Ater said they reached a deal with the AfDB to obtain money meant to enhance agriculture as well as business. “We have signed off a $400 Million agreement with AfDB to support businesses countrywide. We are calling upon all eligible business owners, companies, and organizations to apply for this funding opportunity. The goal of this activity is to advance a more resilient private sector in the country”, he remarked. In a statement, the Board of Directors of the AfDB, said a $46.2 million gr

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