Via Quartz, a report that Sudan has its first Y Combinator startup: When the demo day for Y Combinator’s winter cohort of startups begins later this month, Bloom will put Sudan on the American accelerator’s famed map for the first time. The barely year-old company was founded by Ahmed Ismail, a Sudanese former Barclays investment bank […]
Read more »Via Impact Alpha, an article on Sudan’s first foreign venture capital investment in 30 years – $5 million for Alsoug.com: Macroeconomic, political and currency risks can make investors wary of infrastructure and private equity in Africa. Sudan, which is open for investment after the Trump administration removed Sudan from the list of terrorist states last year. Sudan was […]
Read more »Via The Telegraph, an article on efforts to restore Africa’s third-largest train network – in Sudan – to its former glory which could throw a vital lifeline to millions: Sitting next to the colonial British railway director’s old residence on the banks of the Nile River, the general manager of the Sudanese Railways Corporation chuckles to […]
Read more »Via Politics Today, a look at how Lebanon, Iran and Sudan are all suffering from a lack of energy sources, but these are merely underlying causes of a larger issue: their real struggle will be in overcoming rampant inflation: Political instability has arisen around the world, driven by rising costs, food insecurity, and current effects of […]
Read more »Via African Business, a report on how – after decades of sanctions and isolation – Sudan is pressing ahead with painful reforms: Thick plumes of smoke ?ose from blockades of burning tyres in the streets of Khartoum this week as protests flared following a government decision to remove subsidies on petrol and diesel. The move, […]
Read more »Via Al Monitor, an article on a recent annoucement by Sudan’s Ministry of Energy and Oil regarding an update of the map of the oil blocs in Sudan to be put up for international oil and gas investment, which includes blocs in the disputed area of Halayeb and Shalateen with Egypt: The head of Sudan’s […]
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