Browsing: Doing business in South Sudan

With over 5 billion barrels of proven oil reserves (as of 2016) that should be the story of Sudan, a story of wealth, not poverty, a story of prominence, not conflict, but the opposite is true.

Even though Sudan ranks an impressive 23rd in the world’s list of oil rich countries and accounts for about 0.3% of the world’s total oil reserves, the country continues to squirm in abject poverty.

 “The oil story in Sudan is one of controversy, a messy tale of money, conflict and power enmeshed in the country’s decades-long conflict,” writes Elzahra Jadallah in an article titled ‘The Dark Side of Sudan’s Oil.’

There are at least five major oil drilling and processing sites in the country and these are the epicentres of conflict both within Sudan and the seceded South Sudan. Since Sudan controls the only pipeline that both nations use to transport their oil, the …

With a view to nation-building and inclusive growth, South Sudan is seeking investment in hydrocarbon exploration, infrastructure development and power generation capacity, with opportunities to be showcased at the upcoming South Sudan Oil & Power 2021 Conference & Exhibition in June.

South Sudan represents one of the fastest-growing frontier markets on the continent, driven by a renewed transitional government with a commitment to economic growth, infrastructure development and an oil revival. Led by H.E. President Salva Kiir, the newly formed unity government is prioritizing infrastructural development and exploration activities, with a view to rebuilding the nation, improving the standard of living and driving associated job and economic opportunities. With a critical infrastructure deficit and growing demand for alternative power generation solutions, South Sudan is characterized by its unique opportunity to build the domestic energy sector – and country – from the ground up.

South Sudan is currently the only commercial …