Economic

Jibril Participates in Horn of Africa Finance Ministers Meeting

Sudan Events – Reports

The Sudanese Minister of Finance, Dr. Jibril Ibrahim, participated in the Horn of Africa Initiative held in Addis Ababa on February 18. The initiative aims to discuss joint projects among the member states.

In his speech, the minister emphasized the importance of economic integration and collective efforts to strengthen the region’s capabilities. He highlighted Sudan’s abundant natural resources, stating that the country is well-positioned to contribute to the region’s food security. He also stressed the need for Sudan to leverage available financing through the African Development Bank to support key sectors and enhance the region’s development.

Dr. Ibrahim underscored the significance of joint efforts in infrastructure projects, including roads and railways, to maximize Sudan’s strategic location in linking Africa to global markets and boosting foreign trade through its seaports. He also highlighted cooperation in water and electricity projects, calling for Sudan to benefit from Ethiopia’s electricity supply and for regional countries to utilize environmentally friendly energy resources. Additionally, he emphasized the importance of addressing climate change risks affecting the Horn of Africa.

The minister expressed Sudan’s commitment to ending the ongoing war due to its negative impact on regional peace and stability. He also reviewed Sudan’s recent progress despite the country’s challenges and criticized Sudan’s deliberate exclusion from regional platforms, despite its efforts to remain an active member of the African framework.

Participants in the initiative pledged their support for Sudan’s reconstruction efforts by investing in critical projects that connect the Horn of Africa, such as energy, water, roads, and railways.

The initiative included the participation of finance ministers from the Horn of Africa, representatives from IGAD, Turkey, the UK, the European Union, and the United States.

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