U.A.E. Lending $300 Million to Crisis-Hit Sudan, Official Says
- Financing to support nation in coming season: newspaper
- African country wracked by protests sparked by economic crisis
People walk past burning tires in Khartoum on Jan. 18, 2019.
Source: AFP via Getty Images
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The United Arab Emirates is giving Sudan $300 million in financing and about 1.12 million tons of fuel, a Sudanese ruling party lawmaker and a local newspaper said, a potential boost for the government of the economically troubled country rocked by a month of protests.
The agreement with the U.A.E.’s government will provide for Sudan’s needs during its “agricultural season,” the Khartoum-based al-Intibaha newspaper reported, citing people in Sudan’s Finance Ministry. It also said that 26 shiploads of fuel from the U.A.E. have arrived in the African nation, enough supply for three months.