South Sudan’s vulnerable financial state is making the civil-war-torn state easy prey for opportunistic oil and gas companies that could be offering Juba a fraction of the energy profits they Continue Reading
Attacks on foreigners working on South Sudan’s oil and gas facilities serve as a warning for multinationals to stay away from the new country’s national resources, just as oil prices Continue Reading
The main rebel group in South Sudan is threatening to disrupt oil production in the country, a day after it released three foreign oil workers it kidnapped earlier in the Continue Reading
Nigeria’s Oranto Petroleum International Ltd. plans to bet half a billion dollars that Africa’s newest nation can end a three-year civil war and create the conditions to revive its oil Continue Reading
As South Sudanese homemaker Sarah Kiden stirs a boiling pan of lentils, she remembers when her five children could count on more than one meal a day. For the first Continue Reading
Public transport stayed off the streets, several squares and roads in Khartoum were deserted and many shops were shut in a mixed response to opposition calls for a nationwide strike Continue Reading
According to the International Monetary Fund (IMF), the loss of most of Sudan’s oil export potential has exacerbated the crises in the country. Sudan as a united country started producing Continue Reading
Conflicts and a lack of business opportunities in the oil sector creating economic headwinds for Sudan, the International Monetary Fund said. File Photo by Debbie Hill/UPI Fragility in Sudan brought Continue Reading
Port cleared 525 TEUs in July, from average 4,000 TEUs at peak Forex shortage hurting shipment through Kenya’s Mombasa port Imports to South Sudan through Kenya’s main port have fallen Continue Reading
African nation’s crude production already reduced by civil war Group observing peace deal sees possibility of larger battles Clashes between South Sudanese forces that re-erupted last month could escalate into Continue Reading
