Economic

Gedaref to Host Major Economic Forum

Sudan Events – Follow-ups

The Ministry of Investment and International Cooperation announced the launch of the First Investment Forum in Gedaref State this December. The forum is organized in collaboration with the Financial Investment Bank, the State Investment Commission, and various stakeholders.

Acting Minister of Investment, Ahlam Madani Mahdi Sabeel, stated that preparatory meetings have been held with participating entities and the private sector. She praised the role of the Financial Investment Bank in supporting the national economy.

She explained that the forum would be a significant event gathering all relevant authorities, focusing on high-priority projects identified through consultation. These projects, set to be showcased during the forum, emphasize transformative industries, livestock initiatives, and agricultural products.

Sabeel added that the forum aims to involve successful private sector entities in the state, such as Mahjoub Sons and Mamoun Al-Bareer Group, to adopt investment projects in tourism and hospitality, which are greatly needed in the region. The event will also feature an exhibition showcasing the products of entrepreneurs and small-scale industries.

Several working papers will be presented during the forum, including a financing paper by the Financial Investment Bank, a paper on the National Investment Law, and a paper on Free Zones by the National Council for Free Zones and Markets. These will be reviewed by academics and experienced investors.

Sabeel emphasized that Sudan remains a promising land of boundless opportunities. “We have developed numerous plans to align with the transition phase and rebuild what war has destroyed through reconstruction projects,” she said, expressing confidence in the Sudanese private sector’s ability to lead post-war recovery.

Despite the country’s exceptional circumstances, political complexities, and ongoing conflict, investment efforts are moving forward, she confirmed.

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