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Sudan Says U.S. Backs Its WTO Bid as Sanctions Decision Due

KHARTOUM (Capital Markets in Africa) – The U.S. is backing Sudan’s bid to join the World Trade Organization, a Sudanese official said, days before Washington is due to decide whether to permanently lift some sanctions imposed on the African country two decades ago. “Our team is very much satisfied with the support of the U.S. for Sudan going into the WTO,” Sudanese State Investment Minister Osama Faisal Elsayed Ali said in an interview. The North African…

Revival Beckons for Sudan as U.S. Lifts Economic Sanctions

Posted on by The Editorial Team

KHARTOUM (Capital Markets in Africa) – The U.S. removal of sanctions on Sudan may unlock the potential for the government to tap its rich mineral and agriculture resources. Now the African state needs to carry out the large-scale reforms required to attract investors. Former President Barack Obama’s January 13 executive order reversed some measures put in place by the U.S. in 1997, four years after it first listed Sudan as a state sponsor of terrorism. It lifted restrictions…

Trump, Key Arab Allies Agree to Boost Anti-Terror Efforts

Posted on by The Editorial Team

WASHINGTON (Capital Markets in Africa) – U.S. President Donald Trump, facing growing criticism over his move to block immigration from seven predominantly Muslim countries, held talks with two prominent Arab leaders on Sunday to bolster ties and discuss anti-terrorism efforts in the Middle East. Trump spoke by phone with Saudi Arabia’s King Salman and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed. The call with the Saudi monarch lasted more than an hour, according to a senior…

Donald Trump’s Team Has Questions About Africa. Here Are Answers

Posted on by The Editorial Team

WASHINGTON (Capital Markets in Africa) — President-elect Donald Trump’s transition team has circulated a list of questions on Africa to the State Department and Pentagon. At the top of the list are two queries about the United States and China and their relative presence on that continent: “How does U.S. business compete with other nations in Africa? Are we losing out to the Chinese?” Peter Navarro, who will lead Trump’s National Trade Council, provided his…