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Who will stand to benefit from the lifting of sanctions on Sudan?

Written by Diligencia | Jan 19, 2017 9:00:00 AM

This week the US government announced that it was lifting its longstanding sanctions on trade with Sudan. In one of Obama’s final acts in office, the US will adopt a new approach to Sudan – allowing more freedom of trade with American companies in return for a range of political and security cooperation measures by Khartoum.

Whilst this move is unlikely to see a dramatic rise in international trade with Sudan – the banks in particular are likely to take a cautious approach if recent experience with Iran is repeated – key sectors in the country are set to benefit, namely agriculture, raw materials and infrastructure, among others.

We had a look at the companies in Sudan that our subscribers to ClarifiedBy.com have been searching for over the last three months:

  • Nile Cement Company
  • Faisal Islamic Bank
  • Sudatel (Sudan Telecommunication Company)
  • Creative Petroleum Services
  • Warm Seas Industry & Investment Company Ltd
  • Zain Sudan (Sudanese Mobile Telephone Company Limited)
  • Liberty Steel Company
  • MTN Sudan
  • Al Tayyar International Limited
  • Carawan Holding Company

ClarifiedBy.com is the most sought after online source of company information on the Middle East & North Africa region, brought to you by Diligencia.