1. Home
  2. East Africa
  3. Sudan
  • News

OPEC investment agreement approved

Map of Cameroon
IRIN
Une fois envolé l'espoir de changement lié au pétrole, les habitants de Kribi se sont concentrés sur le tourisme
The Council of Ministers on Monday approved an agreement encouraging and protecting investment between the government of Sudan the OPEC Fund for International Development. Reporting the development on Tuesday, the Sudanese News Agency, SUNA, said that Minister of Finance and National Economy Dr Muhammad Khayr al-Zubayr had presented the agreement to the cabinet during a meeting was chaired by President Umar al-Bashir. “The agreement, which will be renewed every 10 years, tends to stabilise investment through the optimum use of economic resources,” the report noted.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join