Sudan 2019 Investment Guide

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Sudan 2019 Investment Guide PORT SUDAN SUDAN 2019 Your ideal port on the Red Sea coast 2019 SUDAN PERSPECTIVE INVESTMENT FINANCES AGRICULTURE MINING OIL AND GAS TRANSPORT INDUSTRY ICT GE D G E G N I AD LE With its strategic location at the heart of major international shipping routes and trade agreements in place with neighbouring landlocked countries, the multi-purpose Port Sudan is on route to becoming the largest container port on the Red Sea coast. Sea Ports Corporation ensures that Port Sudan provides top-quality, efficient and reliable port and shipping services for any type of cargo, as well as passengers, and that it continues to be the region’s premier logistics hub and a catalyst for business in Africa and the wider world. Sea Ports Corporation 70073MINA SD. (P. Sudan) 22464 MAWANI SD. (KH), Sudan Port Sudan Tel: +249 3118 24103/ 22061 | Fax: +249 311 8 22258 | Khartoum Tel: +249 183 775869 | Fax: +249 183 779338 Email: [email protected] | Website: sudanports.gov.sd/ 001 LE Suda2 Cover front cover V4.indd 1 07/01/19 18:02 Kenana Sugar Company is one of the world’s largest integrated and diversified sugar complexes. The long-established and Feeding Africa, successful joint venture is the result of collaboration between Sudan and the governments of Kuwait and Saudi Arabia, and other Pan Arab Institutions. Perfectly positioned near Rabak on the eastern bank of the The Middle East White Nile, the rich alluvial soils of the White Nile flood plain are ideal for sugar cane cultivation on more than 100,000 acres of precious irrigated land. The ambitious group is now seeking foreign investors to help and More it extend its geographic reach, diversify its strong product portfolio and reinforce its foundations and reputation through diversification into lucrative non-sugar sectors such as meat, dairy products, animal feed, agricultural inputs and ethanol. With rural development projects, the company invests in far remote areas that are underdeveloped, which brings the whole community to the 21st century. Renewable Green Source of Food and Energy Kenana Sugar Company Limited Obeid Khatim Street, Riyadh, Khartoum. P.O. Box: 2632 Tel: +249 187 152000 | Fax: +249 183 220563 Email: [email protected] | Website: www.kenana.com Agriculture as an CONTENTS Economic Engine A.P.C SUDAN African Plantation Company (sudan) Ltd Mahgoub Sons Group (MSG) is proud to be Sudan’s leader in agriculture, positively impacting the country’s economy and being the main exporter to international markets covering Europe, Asia, 9 35 51 the Middle East and Africa. MSG is a pioneer in PERSPECTIVE FINANCE MINING contract farming, which aims to increase farmers’ income, food security, production capacity and productivity 10 The new Sudan attracts 36 Sudan re-establishes 52 A glittering future is support from governments contact with global financial predicted for Sudan’s mining through modernisation. and investors BRIEFING markets BRIEFING industry BRIEFING 12 H.E. Dr. Ahmed Bilal 38 Africa’s mobile money 54 A guide to the mineral Osman, Minister of Interior revolution arrives in Sudan reserves of Sudan INTERVIEW IN-DEPTH FCA TS & FIGURES PUBLISHER: SANTIAGO ORDIERES 14 Sudan at a glance 41 The Union of Arab Banks 56 Kamal Hassan Al FCA TS & FIGURES provides Sudan with solid Haj, General Manager — HEAD OF INSTITUTIONAL support IN-DEPTH Sudamin INTERVIEW RELATIONS: 16 Darfur: A region SOPHIA SHEPODD transformed IND - EPTH EDITOR: 19 COMESA: Enabling SALLY CRAIL growth in sudan’s regional 43 59 ART DIRECTOR: trade IND - EPTH STEVE FARDY AGRICULTURE PETROLEUM & GAS PRODUCTION COORDINATOR: ARI BASTART 21 44 Sudan is on the path to 60 Petroleum and gas could PROJECT DIRECTOR: exploiting its considerable provide the quickest route to LAURA POSSON INVESTMENT agricultural wealth economic growth BRIEFING EDITORIAL DIRECTOR: BRIEFING LUCIUS DANIELS 62 Gas and LNG: Africa is 46 Dr. Abdelmagid moving forward. The Oil CONTRIBUTING EDITORS: 22 Investment climate Abdelgadir, Secretary and Gas Council IND - EPTH NATHALIE BOURGEOIS improvements lead General — Gum Arabic STEPHANIE GOUGH to the snapping up of 64 National Oil Company Board INTERVIEW PHOTOGRAPHY: opportunities BRIEFING Sudapet seeks international LAURA POSSON 48 Wagdi M. Mahgoub, partners IND - EPTH 24 Eight reasons to invest in Managing Director — Sudan FCA TS & FIGURES Mahgoub Sons Group 65 Exploring SUDAPET’s COVER IMAGE: integrated oil services © SHUTTERSTOCK: MARTCHAN 26 The return of US INTERVIEW business to Sudan IN-DEPTH IND - EPTH 30 Florizelle Liser, President and CEO — Corporate Council on Africa INTERVIEW 32 H.E. Osama Faisal Elsayed Ali, State Minister of Foreign Affairs INTERVIEW Mahgoub Sons Group 2nd floor Berkeley Square House 3 Zubair Basha Street, Khartoum, Sudan London W1J 6BD, United Kingdom Tel: +249 183777578 T: +44 (0)20 7887 6105 +249 183797461 E: [email protected] +249 183784954 W: www.leadingedgeguides.com Shutterstock: Sippakorn Shutterstock: Fax: +249 183775156 Email: [email protected] Website: www.mahgoubsons.com SUDAN 2019 5 CONTENTS 69 95 109 TRANSPORT INDUSTRY ICT 70 Sudan reconnects with 96 An encouraging future 110 Ultra-fast development the world BRIEFING for industry BRIEFING in telecoms BRIEFING 72 Sudan’s ports in numbers 98 H.E. Dr. Mousa 111 Sudan’s FCA TS & FIGURES Mohamed Karama, Minister telecommunications sector of Industry in numbers 74 Eng. Ibrahim Fadul, INTERVIEW F ACTS & General Manager — Sudan 100 Abdelraouf M. Ahmed, FIGURES Railways Corporation Managing Director — 112 Malik Melamu, CEO — INTERVIEW Kenana Sugar Company MTN Sudan INTERVIEW INTERVIEW 76 The plan for railway 114 Hashim Hasabelrasoul, development IN-DEPTH 102 Setting a benchmark for CEO — Canar Africa Telecommunication Co. Ltd. 78 Gaafar Hassan, General IN-DEPTH Manager — National 103 Going fully green INTERVIEW Highway Authority IN-DEPTH INTERVIEW 104 The future looks sweet 80 Dr. Abdulhafiez Saleh IN-DEPTH 116 Ali, General Manager — 106 The challenge of feeding GUIDE Sudan Sea Ports Authority Africa IN-DEPTH INTERVIEW 82 A look at the key maritime assets managed by 116 Places to go, stay and eat Sudan Sea Ports Authority 118 helpful hints for your IN-DEPTH visit to sudan 87 Building growth in port capacity IN-DEPTH 88 Captain Ahmed Satti A. Bajouri, Director General — Sudan Civil Aviation Authority INTERVIEW 90 Reorganising airspace structure for effectiveness and efficiency IN-DEPTH GLOBAL PARTNERS Africa’s Business Investment Platform Invest Africa is the leading membership organisation for companies and investors operating on the African continent. Our network comprises global corporations, private investors, fund managers, family o�ces, In collaboration with the Government of the Republic of Sudan, with special thanks to: H.E. Ambassador Mohammed Abdallah Ali Eltom | Ambassador of the Republic of the Sudan in the UK policy makers and entrepreneurs. Osama Faisal Elsayed Ali | Sudan’s State Minister of Foreign Affairs Musab Mahmoud | Second Secretary, Embassy of Sudan, London & Alternate Permanent Representative of Sudan to the IMO Shutterstock: Sippakorn Shutterstock: Ayman Osman | Executive Director, State Minister Office, Ministry of Investment, Sudan Connecting Business. Connecting Africa. SUDAN 2019 7 www.investafrica.com PERSPECTIVE B RIEFING / INTERVIEW / 10 12 THE NEW SUDAN H .E. DR. AHMED BILAL ATTRACTS OSMAN, MINISTER OF SUPPORT FROM INTERIOR GOVERNMENTS AND INVESTORS Recognising the I- N DEPTH / significant efforts Sudan has made, sactions 16 have been lifted and investors are returning D ARFUR: A REGION TRANSFORMED Citizens, businesses and investors are returning to FAS CT & FIGURES / a part of Sudan that has 14 created stability SU DAN AT A GLANCE 19 COMESA: ENABLING GROWTH IN SUDAN’S REGIONAL TRADE Membership of regional trade blocs is helping Sudan to kickstart its economy Shutterstock: Clicksahead Shutterstock: 388 LEADING EDGE BRIEFING PERSPECTIVE THE NEW SUDAN ATTRACTS SUPPORT FROM GOVERNMENTS AND INVESTORS growth, control inflation, reform its banking sector and reduce its budget deficit. In 2015, President H.E. Omar Hasan Ahmad al-Bashir released a five-year THE NEW SUDAN ATTRACTS SUPPORT economic plan to diversify the economy away from oil to agriculture and other sectors. FROM GOVERNMENTS AND INVESTORS Since then, measures have been implemented to strengthen the financial system and create a better business environment, including increasing the The international community is recognising the significant efforts Sudan has made to face its challenges and efficiency of the financial market. The government rebuild its economy, with US sactions being lifted and investors returning to Africa’s third-biggest country intends to mobilise public-private partnerships UNAMID Albert Gonzalez Farran, that offers a wealth of untapped natural resources. in line with its development visions, to dedicate greater attention to infrastructure development, agriculture and livestock investments, and to expand microfinancing possibilities. Plans for social improvement include developing telecommunications, health care and education. Sudan is eligible for debt relief under the IMF and World Bank’s heavily indebted poor countries initiative, and the lifting of sanctions means it is one step closer to achieving this support. This debt relief, along with the economic Sudan is seeing political, social and economic reform reforms, will enable the Albert Gonzalez Farran, UNAMID Albert Gonzalez Farran, Western companies have unleashing of Sudan’s potential. wealth. The country is also rich in silver, iron, zinc,
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