BANGKOK (Nabaa Sudan) — On the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Sudan’s Minister of Finance and Economic Planning, Dr. Gebreil Ibrahim, met with the President of the African Development Bank (AfDB) Group, Dr. Sidi Ould Tah, to explore avenues for expanding development and technical financing to support Sudan’s economic priorities.
The high-level bilateral discussions focused on increasing financing allocations for Sudanese development projects and taking greater advantage of specialized financing mechanisms designed to support fragile states. Both sides explored prospects for expanding investments in energy infrastructure, environmental protection, climate-related initiatives, and the green economy to help Sudan build resilience against ongoing climate and economic challenges.
A primary focus of the meeting was Sudan’s integration into the ”Mission 300″ initiative—a major effort co-led by the AfDB Group and the World Bank Group aimed at extending electricity access to 300 million people across Africa by 2030. Dr. Ibrahim emphasized that securing access to this initiative is critical for stabilizing Sudan’s power supply, driving industrial production, and stimulating private investment.
Addressing immediate economic risks, the two sides discussed the looming challenges facing the winter agricultural season due to reduced rainfall. They highlighted the importance of using technical evaluations and risk assessments from the Food and Agriculture Organization of the United Nations (FAO) to determine necessary interventions to safeguard national food security and support agricultural yields.
The meeting also addressed ongoing efforts to modernize public financial management in Sudan. Discussions covered technical assistance for establishing a Treasury Single Account (TSA) system, a process being undertaken in coordination with the Islamic Development Bank and the IMF’s Middle East Technical Assistance Center (METAC).
To bolster commercial stability, the meeting reviewed the completion of procedures regarding Sudan’s $15 million capital contribution to the African Trade and Investment Development Insurance (ATIDI). This contribution will enable Sudan to leverage the agency's trade credit and investment protection services to facilitate trade and attract investment. Furthermore, the meeting addressed inclusive finance initiatives, specifically exploring access to the Affirmative Finance Action for Women in Africa (AFAWA) program to enhance financial access and growth opportunities for women-led businesses.
Both sides concluded by reaffirming their commitment to maintaining structured, continuous coordination between the Ministry of Finance and the AfDB Group. By aligning available financial resources and technical expertise with Sudan's core national priorities, both entities aim to accelerate economic recovery, rebuild infrastructure, and lay the foundation for sustainable long-term growth.
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