Khartoum, March 11 (SUNA) - The African Development Bank (AfDB) has provided $ 30 for implementing a project to improve water supplies in the states of North and South Kordofan.

The technical, administrative and logistical arrangements and preparations are underway for the start of the various activities of the project during the coming period.

"...

Khartoum, March 9 (SUNA) - The Governor of the Central Bank of Sudan (CBOS) Professor Badr-Eddin Abdel-Rahman Ibrahim met, at his office on Monday, with the US Treasury delegation headed by the Assistant Secretary of the Treasury, at their initiative, to find opportunities to help Sudan during this critical period.

The CBOS Governor briefed the delegation on the status"...

(SUNA) - The Central Bank of Sudan (CBOS) has denied the trustworthiness of what was published on the social media regarding the CBOS directives to the banks to stop circulating the currency denominations of 100, 200, 500 and deposit them to the CBOS treasury no later than March 8, 2020.

The Central Bank affirmed that no brochure, decision or directive have been issued on that issue, bearing in mind that any decisions or directives related to the"...

Sudan’s central bank said on Wednesday that the US Office of Foreign Assets Control (OFAC) had lifted sanctions on Sudanese companies.

“We received a letter from OFAC confirming that the executive orders of 13067 and 13412 that were issued in October 2017 have become effective and that is ending the embargo on Sudan officially,” Central Bank Governor Badreddin Abdelrahim said in a statement.

Badreddin"...

Khartoum, March 4 (SUNA) - The Central Bank of Sudan (CBOS) has announced the revocation of all economic sanctions imposed on Sudan pursuant to the two executive orders 13067 and 13412.

The CBOS Governor Professor Badr-Eddin Abdel-Rahim Ibrahim announced, in a press circular, that the Central Bank received a letter from the Director of the Office of Sanctions Policy"...

Khartoum, March 4 (SUNA) - The Governor of the Central Bank of Sudan (CBOS) Prof. Badr-Eddin Abdel-Rahim has announced their readiness to train youth in the implementation of the new Cooperation Law, announcing their partnership, in this work, with the Ministry of Industry and Trade as the cooperative societies are a useful mechanism for micr-and small finance.

The CBO Governor stressed the importance of financial inclusion and financing of over-five"...

El-Fashir, March 3 (SUNA) - The General Manager of the Export Development Bank (EDB) Al-Nur Abdal-Salam Al-Helo the workflow on Al-Fashir-Kutum Road that is being financed by the Bank until km 85, Where they heard a detailed briefing from the engineer about the work progress and the stages it reached.

The EDB General Manager and the members of EDB Board of Directors"...

March 2, 2020 (WASHINGTON) - Visa inc. confirmed on Monday, that it started entering Sudan via the field of electronic payments, in a move that would give impetus to the steps aimed at ending the country’s isolation from the global banking system.

We are 'Working closely with select financial institutions in Sudan to progress the introduction of Visa payment solutions in the country,' said the company, which is based in California,"...

i2c Inc., a leading provider of payment and open banking technology, today announced the appointment of Jim McCarthy as President of the company. Reporting to i2c CEO and founder Amir Wain, McCarthy is responsible for i2c teams working with clients, partners and prospects. He is based at i2c headquarters"...