Sudan: Surge in Investment Applications Reported
The National Investment Authority has reported a sharp increase in investment applications.
Amal Mohamed Al-Faki, Director of the General Administration of Investor Services, said that applications have been rising steadily, particularly as the country enters a phase of recovery.
She noted in a press statement that the authority is committed to providing services that meet investors’ expectations, particularly after the adoption of the Investment Law (2021–2025), which safeguards investors’ rights, protects their projects, and provides incentives and guarantees.
Al-Faki added that investment carries immense economic significance, with Sudan’s vast resources continuing to attract foreign and domestic investors. She explained that the recent transformation of the Ministry of Investment and International Cooperation into the National Investment Authority required a two-day suspension of transactions to update official seals and documents.
The authority has since resumed operations under its new identity and is now receiving all investment applications. She emphasized the commitment to fast and precise processing, with most applications handled promptly.
“We are moving forward to attract more investors. Our staff work in harmony, reviewing applications and actively promoting Sudan as an investment destination,” she said, pointing to ongoing efforts to finalize the national investment map and digitize services.
She also called on investors to seize opportunities in Sudan, particularly in reconstruction projects.
