EDP 4: Sudan
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‘Sudan in need of $5 billion’: economist | Radio Dabanga

‘Sudan in need of $5 billion’: economist | Radio Dabanga | EDP 4: Sudan | Scoop.it
Kobi Endrizzi's insight:

The Sudanese economy is, as stated before, very poor. Recently, despite efforts to appreciate the Sudanese currency, it has still depreciated. One major effort they've attempted is an effort from Qatar which deposited $1 billion in Sudan's central bank to use. Unfortunately, this injection has not seemed to have a lasting impact and now Sudan is asking for more help. 

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Sudan Vision Daily - Details

Sudan Vision Daily - Details | EDP 4: Sudan | Scoop.it
Kobi Endrizzi's insight:

Primarily, still, the Sudanese economy is heavily based on oil. With recent agreements with South Sudan, both of the Sudan's now share the oil 50:50. This will hopefully help a once thriving economy. Again, this country seems to have the issue of being almost solely based on one good. A huge problem the had in 2008 and 2009 was the vast drop in prices for oil. This heavily affected the Sudanese economy, and is sure to happen again. The access to oil will help the economy, just how much? 

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Sudan

From Aswan to Sudan.
Kobi Endrizzi's insight:

This is an investment of sorts, from the Swiss into the Sudanese people. It is a very good indicator of the economic stats within Sudan. The people require foreign aid just to feed themselves. 

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Sudan welcomes Saudi decision to lift meat imports ban - Sudan Tribune: Plural news and views on Sudan

Sudan welcomes Saudi decision to lift meat imports ban - Sudan Tribune: Plural news and views on Sudan | EDP 4: Sudan | Scoop.it
April 6, 2014 (KHARTOUM) – Sudan's chamber of livestock exporters has welcomed the decision made by Saudi Arabia to lift the temporary ban on (...)
Kobi Endrizzi's insight:

This article is interesting in that it involves economics and culture. With a Islam dominant population, the import of beef and other meats could either help or hinder the Sudanese and global economy. This will either create a new market, or bring a product that will sell poorly due to cultural stigma. 

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The Two Sudans - Problems Are Linked - So Are Solutions - Sudan Tribune

The Two Sudans - Problems Are Linked - So Are Solutions - Sudan Tribune | EDP 4: Sudan | Scoop.it
The Two Sudans - Problems Are Linked - So Are Solutions
Sudan Tribune
The Intergovernmental Authority on Development (IGAD), with help from the United States, mediated the Comprehensive Peace Agreement (CPA) in 2005.

Via CoPeSeNetwork
Kobi Endrizzi's insight:

This article helps show the history both Sudan and South Sudan have and helps explain the current situation in Sudan. One of the larger conflicts in recent years, was fueled by oil. When S. Sudan separated from Sudan, many of the oil-rich assets that the Sudanese government owned, were lost. 

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Russia, Sudan talk trade and economy to deepen partnership

Russia, Sudan talk trade and economy to deepen partnership | EDP 4: Sudan | Scoop.it
“We have positive dynamics in trade, economic and humanitarian spheres, which we would like to increase,” Russian Foreign Minister says
Kobi Endrizzi's insight:

With not only aid in humanitarian work, but also aid in trade, this agreement should help Sudan with their broken economy. Although this may hold ulterior motives for Russia, this could hopefully help to get Sudan out of the economic rut it currently is in. 

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Downhill

Downhill | EDP 4: Sudan | Scoop.it
THE isolation and underdevelopment of Sudan were manageable when the oil business was booming in the early years of this century. But since South Sudan seceded in...
Kobi Endrizzi's insight:

The Sudanese economic state hinges on the brink of destruction. People who regained hope after the oil boom in the early 2000s are now leaving due to mass amounts of corruption and war. All the money the government has currently is almost completely going to subsidies for petrol and wheat. Even the upper class are dissenting, many being kicked out if any doubt is cast on the Sudanese government. Foreign businesses are loosing support due to lack of output. Civil war beginning again.  There is so much that is happening to Sudan, none of which is very good. 

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Sudan Vision Daily - Details

Sudan Vision Daily - Details | EDP 4: Sudan | Scoop.it
Kobi Endrizzi's insight:

Sudanese politics have an interesting affect on the media. This article is talking about the interaction of Sudan's Tourism minister and the Sudanese President. The Minster talks about the concern the President has with the current economic status in Sudan, which can have varying importance because of who the concern is expressed to. How does the Minister of Tourism have much affect on the economy? Compared to other investments, this article seems more like a political ploy of the president. Towards the end it seems the media really doesn't tolerate this ploy. 

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Sudan receives $1bn deposit from Qatar - Sudan Tribune: Plural news and views on Sudan

Sudan receives $1bn deposit from Qatar - Sudan Tribune: Plural news and views on Sudan | EDP 4: Sudan | Scoop.it
April 3, 2014 (KHARTOUM) – At the end of a one-day visit of Qatar's Emir, Tamim bin Hamad Al-Thani to Khartoum on Wednesday, Sudan announced (...)
Kobi Endrizzi's insight:

This article reports on the recent donation from Qatar to Sudan. Qatar has access to oil, giving it a higher economic stats than Sudan, allowing them to inject the one billion into the Sudanese economy. 

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Sudan gets 100 buses from China to serve internal transportation - People's Daily Online

Sudan gets 100 buses from China to serve internal transportation - People's Daily Online | EDP 4: Sudan | Scoop.it
Sudan'sKhartoumStategovernmentonWednesdayreceivedagrantfromtheChinesegovernmentrepresen
Kobi Endrizzi's insight:

This article is reporting on the charity and cooperation of China with Sudan. As the title states 100 buses are being commissioned to be sent to Sudan to help their relations. This is a type of foreign investment and will hopefully help to boost the economic state of Sudan.

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