economy

economy

Oil Production Resumes at Heglig Fields After Agreement

Oil Production Resumes at Heglig Fields After Agreement

Africa-Press - South-Sudan. Engineers at the Heglig Oil Fields successfully restarted operations on Saturday, December 27, ending a weeks-long shutdown that crippled regional production...
Work begins to restart oil output at Heglig oilfield

Work begins to restart oil output at Heglig oilfield

Africa-Press - South-Sudan. Efforts to resume oil production at the Heglig oilfield are underway as the South Sudan government pushes for operations to restart...
African Development Fund Raises Record $11 Billion

African Development Fund Raises Record $11 Billion

Africa-Press - South-Sudan. The African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), has raised a record $11 billion...
Natural Gas Future of Africa’S Economic Development

Natural Gas Future of Africa’S Economic Development

Africa-Press - South-Sudan. Africa is positioning natural gas at the heart of its development strategy, viewing it as a critical driver of economic growth,...
Innovate Africa Fund Founder-First Model Unlocks Capital

Innovate Africa Fund Founder-First Model Unlocks Capital

Africa-Press - South-Sudan. First Annual Report Confirms 3 Portfolio Additions, Selected from a Pipeline of over 5,000 to Solve Africa’s Problems. Innovate Africa Fund, the...
Cabinet Announces New System to Fast-Track Salaries

Cabinet Announces New System to Fast-Track Salaries

Africa-Press - South-Sudan. The Council of Ministers has announced the establishment of a specialised payment mechanism designed to expedite the clearance of salary arrears...
Warrap State Donates Food Relief to Displaced Returnees

Warrap State Donates Food Relief to Displaced Returnees

Africa-Press - South-Sudan. The government of Warrap State has donated food relief to hundreds of people recently displaced by violence in Panthou (also known...
Kiir Signs Fiscal Law to Enhance Spending Transparency

Kiir Signs Fiscal Law to Enhance Spending Transparency

Africa-Press - South-Sudan. President Salva Kiir Mayardit has signed into law a new piece of legislation intended to address one of South Sudan’s most...
Central Equatoria Governor Seeks Stronger Somali Ties

Central Equatoria Governor Seeks Stronger Somali Ties

Africa-Press - South-Sudan. The governor of Central Equatoria state met with Somalia’s ambassador on Friday to seek stronger regional ties, emphasizing cooperation on security,...
South Sudan Leads Africa with 25% Economic Growth

South Sudan Leads Africa with 25% Economic Growth

Africa-Press - South-Sudan. South Sudan’s economy is set to surge nearly 25% this year, as its main oil pipeline returns to operation after last...