Somewhat peaceful South Sudan expecting FDI of $1bn this year
SA plans to invest $1bn partly for oil exploration, and MTN will spend $30m on its telecoms network in South Sudan, one official says
31 July 2019 - 16:59
Juba — Ten months of relative peace in South Sudan has triggered a rush of investment, raising inflows four-fold this fiscal year to an expected $1bn.
Foreign direct investment (FDI) for the nation that’s been in the throes of civil war was about $250m in 2016/2017, according to South Sudan Investment Authority’s secretary-general, Abraham Maliet Mamer. Statistics for 2017/2018 are still being compiled...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.