South Sudan introduces 1,000-pound banknote to ease transactions

SOUTH SUDAN – The Central Bank of South Sudan has introduced a 1,000-pound banknote in a move to ease transactions.   “Our aim is to align the structure of the banknote with the need of the people who use it for their daily transactions. We need banknotes that are convenient, high quality, secure, and cost effective,” Central Bank governor Dier Tong told journalists in Juba during a press briefing. “In July 2019, the Bank of South Sudan planned to introduce 1,000 pound after the successful introduction of the 500-pound banknotes…

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AfDB, FAO and South Sudan ink protocols for US$14m grant to boost agricultural markets

SOUTH SUDAN – The African Development Bank (AfDB) has signed protocols to disburse a US$14 million grant to the Government of South Sudan to boost agricultural markets in a project to be implemented by the UN’s Food and Agriculture Organization (FAO). The Agricultural Markets, Value Addition and Trade Development (AMVAT) project aims to enhance agricultural productivity and boost the marketing and trade of agricultural products in South Sudan. The project will be implemented by the Food and Agriculture Organization of the United Nations (FAO) in close liaison with the country’s…

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Sudan and South Sudan sign oil production agreement

KENYA – East African nations of Sudan and South Sudan have signed a number of agreements that involve oil production in the two countries. The countries have agreed upon the need to increase oil production in South Sudan, to use and benefit from the expertise and capabilities available in Sudan, and to speed up procedures to open a coordination office in South Sudan. They also agreed upon the need for cooperation through training centres, laboratories, refineries and other facilities in Sudan, the establishment of a partnership working in the field…

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South Africa’s Asunim and 1-kwh join the 20MWp Juba solar project

SOUTH SUDAN – A consortium of Asunim Solar and I-kWh has joined a solar project under development near Juba, the capital of South Sudan. The two companies will work alongside Elsewedy Electric. In December 2019, the Egyptian company won the contract to build this 20 MWp photovoltaic solar power plant. The 20 MWp solar project under development has two new players, the photovoltaic system supplier Asunim Solar, based in the United Arab Emirates, and the renewable energy solutions consultancy company I-kWh. The Egyptian company was awarded the contract following a…

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South Sudan’s Trinity Energy to set up a US$500m refinery

SOUTH SUDAN – South Sudanese oil marketing giant Trinity Energy Ltd is set to inject $10 million worth of new investments in its Kenyan operations and build a $500 million crude oil refinery in South Sudan to serve the region with refined petroleum products. The firm which controls close to 40 per cent of the South Sudanese oil market is planning a 40,000 barrels per day (bpd) modular refinery at Paloch in the oil-rich Upper Nile State with the potential of expanding capacity to 200,000bpd as well as petroleum storage…

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UNICEF distributes US$5m supplies to help contain spread of COVID-19

SOUTH AFRICA – The United Nations International Children’s Fund (UNICEF), has procured and distributed supplies worth US$5 million to help contain the spread of the virus in the country since the beginning of its COVID-19 response in South Sudan. “From supply shortages to transport constraints, COVID-19 has brought enormous challenges to our supply operations,” said Dr Mohamed Ayoya, the UNICEF Representative in South Sudan. “However, with support from our partners, we were able to meet the most pressing needs and to deliver the supplies crucial for our COVID-19 response.” Supplies…

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The African Energy Chamber supports South Sudan in its effort to fight COVID-19 pandemic

SOUTH SUDAN – The African Energy Chamber, the leading chamber of successful networks, transactions and partnerships at the helm of Africa’s growing energy industries has provided financial and material support to the government of South Sudan to support its efforts to respond to the global Covid-19 pandemic. The donation comprises a cash grant and sanitizing products, and represents the long-standing commitment of the Chamber towards the prosperity of South Sudan. It was received in Juba by H.E. Daniel Awow Chuang, Undersecretary at the Ministry of Petroleum, who will in turn…

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FAO receives additional US$30.9m to fight desert locust outbreak

EAST AFRICA – FAO Director-General QU Dongyu welcomed an €11 million (US$12.1m) contribution from the European Union and €17 million (US$18.8m) contribution from Germany as the UN agency steps up efforts to fight the Desert Locust upsurge which has now spread from East Africa to the Persian Gulf. Germany’s Permanent Representative to FAO, Ulrich Seidenberger, made the announcement at FAO headquarters in Rome. The new pledge comes after Germany already contributed €3 million (US$3.3m). The European Commission announced €10 million (US$11m) would come from the European Commission’s Directorate-General for International…

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MTN Group makes major top management changes across various markets

AFRICA – MTN group limited, a mobile telecommunications company, has been appointed Gordian Kyomukama new South Sudan CEO, effective 21 January 2020 Kyomukama has close to three decades of experience in the sector, mostly with MTN, according to a statement. He started in MTN Uganda and has also been seconded to Rwanda, Cameroon and Ivory Coast. Before returning to Uganda, he was Chief Technology and Information Officer (CTIO) of MTN Liberia. MTN Group CEO Rob Shuter said, “I would like to congratulate Gordian on his new role, and I would…

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South Sudan commissions US$38m revamped power distribution system

SOUTH SUDAN – The government of South Sudan commissioned a US$38 million upgraded power distribution system financed by the African Development Bank to restore reliable electricity supply to Juba’s central business district and boost suburban livelihoods. The Juba Power Distribution System Rehabilitation and Expansion Project is the first in a series of major energy sector interventions by the Bank to improve livelihoods and build resilience in South Sudan. As its counterpart contribution, the government provided land for the construction of five customer service centres. The project aims to scale up…

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