Share

South Sudan seeks $500m loan from African Export-Import Bank

South Sudan is seeking a loan of $500m from the African Export-Import Bank to help fund its 2019-20 spending plans, a government official said.

The government’s expenditure of $1.3bn will support a proposed unity government aimed at ending a five-year civil war that has left 400 000 people dead and displaced four million others.

The terms of the loan are yet to be concluded, Information Minister Michael Makuei Lueth told reporters in the capital, Juba.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.18
-0.4%
Rand - Pound
23.86
-0.3%
Rand - Euro
20.50
-0.2%
Rand - Aus dollar
12.48
-0.6%
Rand - Yen
0.12
-0.3%
Platinum
920.70
+0.1%
Palladium
1,024.50
-0.2%
Gold
2,316.22
-0.3%
Silver
27.14
-0.6%
Brent Crude
88.42
+1.6%
Top 40
68,524
+0.7%
All Share
74,495
+0.7%
Resource 10
59,680
+0.1%
Industrial 25
104,252
+1.4%
Financial 15
15,913
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders