South Sudan courts investors beyond oil after Sudan conflict ...Sudan

August 2, 2024 (JUBA) – South Sudan is actively seeking investment in sectors beyond oil, aiming to diversify its economy and reduce reliance on the energy sector, which was impacted by the recent conflict in neighbouring Sudan. James Alic Garang, Governor of the Central Bank of South Sudan and chairman of the Monetary Affairs Committee for the East African Community, highlighted the country’s abundant mineral resources, including gold, uranium, diamonds, and iron ore. “Oil is not the only source of revenue for economic growth,” said Garang, a U.S.-trained economist currently in Nigeria for the African Central Bank Governors and Finance Ministers Caucus meeting. Mawien Daniel Kuc, a master’

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