• TERMS OF USE
  • PRIVACY POLICY
  • ETHICS COMMITTEE
  • SUBMITTING AN ARTICLE
Sunday, June 26, 2022
Sudans Post
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSIS
  • ABOUT US
  • CONTACT US
  • عربي
No Result
View All Result
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSIS
  • ABOUT US
  • CONTACT US
  • عربي
No Result
View All Result
Sudans Post
No Result
View All Result

Gulf tycoons offer to clear South Sudan’s debts if allowed into energy sector

A group of businessmen from Gulf's Kingdom of Bahrain have offered to clear South Sudan's accumulative debts if they are allowed to operate in the country's energy sector, according to a statement issued by the presidency.

June 19, 2022
Reading Time: 3 mins read

President Salva Kiir meeting with Bahraini businessmen in Juba on Thursday, 16 June 2022. [Photo by presidency]
President Salva Kiir meeting with Bahraini businessmen in Juba on Thursday, 16 June 2022. [Photo by presidency]
JUBA – A group of businessmen from Gulf’s Kingdom of Bahrain have offered to clear South Sudan’s accumulative debts if they are allowed to operate in the country’s energy sector, according to a statement issued by the presidency.

According to the statement, the presidency said President Salva Kiir on Thursday held a meeting with a high-level delegation of Bahrain business tycoons and discussed economic cooperation which they said would help South Sudan’s economic recovery.

“President Salva Kiir Mayardit has today (Thursday, 16th June 2022), received and held a meeting with a delegation of Business Associates from the Kingdom of Bahrain led by Mr. Fawzi Al Aradi, the Managing Director for Capital Impact W.L.L and Mr. Dariusz Cichocki, Chief Executive Officer for Getka,” the presidency said in the statement.

South Sudan’s finance minister Agak Achuil said following the meeting with the visiting delegation focused “on the areas of economic cooperation and they are going to sign the Memorandum of Understanding between the Government of South Sudan (Ministry of Finance and Planning) and Capital Impact W.L.L with its Joint Venture Partner Getka Energy Services LLC to further strengthen the business relations between the two Countries.”

The presidency statement said “the delegation expressed interest to reduce Country’s outstanding debt by consolidating and paying down loans with energy resources, while strengthening energy stability and increasing community access to clean drinking water, with additional focus on planning initiatives to improve public health, sanitation, and other areas of mutual importance to the community and the Republic of South Sudan”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related Posts

Journalist Mariak Bol Majok. [Photo courtesy]

Journalist detained for crime he didn’t commit gets SSP3 million bail

Members of South Sudan’s army who fought the Gelweng militia group today in Lakes (Photo via Getty images)

UN accuses community-based militia of raping women in Leer  

Comments 1

  1. Benny Awan says:
    1 week ago

    In my opinion, the president should read their game plan very well because you can’t come out of anywhere and choose the energy sector I’m afraid that deal dear country men and women

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sudans Post

Sudans Post is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Sudan, South Sudan and East Africa, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the two countries and the region.

SUDANS POST

  • ABOUT US
  • CONTACT US
  • ETHICS COMMITTEE
  • PRIVACY POLICY
  • SUBMITTING AN ARTICLE
  • TERMS OF USE

RECENT NEWS

  • Journalist detained for crime he didn’t commit gets SSP3 million bail
  • UN accuses community-based militia of raping women in Leer  

SUBSCRIBE TO SUDANS POST

Get the news delivered right into your inbox and subscribe!

Loading
  • PRIVACY POLICY
  • TERMS OF USE
  • ETHICS COMMITTEE
  • SUBMITTING AN ARTICLE

Copyright © 2019–2021 Sudans Post - All rights reserved.

No Result
View All Result
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSIS
  • ABOUT US
  • CONTACT US
  • عربي

Copyright © 2019–2021 Sudans Post - All rights reserved.