We want to assist you with Investing in Sudan. Get Business Opportunities in Sudan as well as to search for and connect with leading Companies and Investors in Sudan. We also provide a list of key Government trade advisors who assist you with doing business in Sudan and other relevant business information on Sudan. Specifically, we offer three digital portals that are FREE to use and will be of interest to you: the Africa Business Community, Africa Business Opportunities Dashboard and our closed AFSIC African Investments Dashboard.
The Africa Business Opportunities Dashboard is an award-winning free digital platform with millions of impressions that allows you to promote your own business, make “calls for business” or look for business and investment opportunities in Africa. Business Opportunities that have been uploaded to our Africa Business Opportunity Dashboard will be promoted to global users of our Africa Business Community using our proven technology. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Community here. Institutional Investors looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
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Country overview: Sudan is located in north east Africa bordering the Red Sea. It shares borders with Ethiopia to the southeast, Eritrea to the east, Egypt to the north, Chad to the west, Libya to the northwest, South Sudan to the south and Central Africa Republic to the south west. It gained independence from Egypt and the UK on 1st January 1956. Its capital is Khartoum with 18 regional states which serves as administrative division. It is a Presidential Republic but currently being govern by an alliance between civilian opposition and military council. Sudan is undergoing democratic transition process, which has been welcomed by the international community. It has a transition legislative council that currently replaces National legislature until a proper election is conducted in 2022. Its official languages are English and Arabic. It is predominantly moslem with minority Christianity. It has a mixed legal system based on Islamic (sharia) law and English Common law. It has an area size of 1.86 million sq km.
Demographic Information: Sudan has an estimated population of 45.56 million comprising mostly of younger population (less than 25 years) which makes up about 63.0% of the population, those in the age bracket of 25-64 years makes up about 34.0% of the population and above 65 years age group makes up about 3.0% of the population. Average population density is estimated at 25 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 68.8 years (Women) and 64.3 years (Men). It achieved universal primary education with a 76.82% Primary enrolment rate in 2017 and overall literacy level of 60.7% as at 2018.
Broad Economic Overview: Sudan’s economy was driven by the oil sector but the secession of South Sudan cost Sudan two-thirds of its oil revenue. South Sudan hosts 80% of Sudan’s Oilfields. Sudan has struggled to stabilize its economy and make up for the loss of foreign exchange earnings. Sudan is attempting to develop non-oil sources of revenues, such as gold mining and agriculture. Sudan is Africa’s third largest gold producer after South Africa and Ghana, and gold production is expected to support the mining sector despite its low productivity, with artisanal mining accounting for 80% of production. It is the world’s largest exporter of gum Arabic, Sudan produces 75-80% of the world’s total output. Agriculture continues to employ 80% of the work force as about 63% of Sudan’s land is agricultural, and only 15–20% of it is under cultivation. Real GDP contracted further in 2019 by an estimated 2.4% from 2.3% contraction in 2018. A weak business environment due to political uncertainty continues to discourage private investment and dampen confidence and productivity. Sudan currency is Sudanese pound which was introduced after the secession of South Sudan in 2011.
Investment Opportunities: Sudan’s lack of integration into international trade, political instability and a weak business environment continues to deter private investment. However, investment opportunities abound in the agriculture, mining, energy and industrial sectors. Sudan has extensive arable land of which about 85% remains uncultivated. Sudan is very rich in wildlife and there are investment opportunities for modern livestock farming. It has vast mineral deposits that have not been exploited; mineral deposits which have been discovered in different parts of the country awaiting investors include gold, silver, iron ore, chromate, mica, silica, gypsum, granite, marble, chinaclay, manganese, asbestos, trauna (costic soda), talc and lime stone, copper, zink, lead, cement, small quantities of mica, chromate, asbestos and marble. Sudan has abundant potential renewable energy sources even though the country has shortage of energy, especially electricity. Sudan can boast of the River Nile with many cataracts and waterfalls, strong winds, sun, all these sources provide excellent opportunities for renewable energy investments.
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African Development Bank: www.afdb.org
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BBC Africa: www.bbc.co.uk/news/world/africa
Investing in Africa: www.invest-in-africa.co
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