Sudan

eBizguides Sudan

A country of ancient traditions

Le guiaré a lugares increíbles

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Oil wealth

Sudan is the third largest oil producer in Africa after Nigeria and Angola. Oil remains the main driver of growth although agriculture still accounts for more than one third of GDP and nearly two-thirds of employment. Oil accounted for 22% of GDP in 2008 and oil revenue has contributed greatly to the reconstruction of the economy in the aftermath of the civil war, especially in enabling the government to develop the road and energy infrastructure.

Agriculture, an important sector

Sudan’s primary resources other than oil are agricultural, and although the country is trying to diversify its cash crops, cotton and Arabic gum remain its major agricultural exports. Grain sorghum is the principal food crop, and wheat is grown for domestic consumption. Sesame seeds and peanuts are cultivated for domestic consumption and increasingly for export. Livestock production has vast potential, and many animals, particularly camels and sheep, are exported to Egypt, Saudi Arabia, and other Arab countries.

Investment

The government has seriously endeavoured to utilize to the utmost all available potentialities in Sudan by creating favorable investment conditions that attract the adequate capitals for his purpose. The state has taken the following steps:
a. Procedural reforms were stipulated. For instance: abrogation of state monopoly of agricultural and industrial products, the economic services sector and marketing. The state has also withdrawn from some public-sector corporations and institutions. Radical reforms of investment acts and laws regulating all economic activities have lead to the complete lifting of any clauses that hinder the private sector’s contribution in investment, thus increase productivity.
A similar economic, trade and financial policies that run in the same course, and back the new orientation of the Sudanese economy towards a free market economy were also adopted.
b. The Government has adopted a national ten-year work plan, during which all the possible potentialities and energies of the nation shall be mobilized in order to realize the strategy’s desired aims and goals in accordance with the findings of a studied futuristic perspective, hence the adopted programmes turned out to be genuine strategic break through not merely late reactionary decisions.



Sudan

Ancient Arab historians gave the name Sudan to the vast lands beyond the Great African Desert. But while ancient Sudan, the land of the blacks, embodied a broad geographical and human spectrum, modern Sudan with its present state boundaries only came to existence at the beginning of this century. Sudan is the largest country in Africa. Stretching from Egypt in the north to Uganda in the south and sharing borders with nine countries. This vast territory measures about 1 million square miles, which constitutes 8.3% of the land area of Africa. It
is geographically situated almost at the centre of the continent, between longitudes 22 and 38 East and latitudes 4 and 22 North.
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