Sudan: Gov't Seeks Chinese Funding for Merowe Canal

25 November 2013

Khartoum — The Sudanese Finance and National Economy minister Ali Mahmood Abdel-Rasool told the national assembly today that his government is in talks with China to obtain a $500 million loan to construct the Merowe dam canal.

Abdel-Rasool, who was testifying on a proposed law for additional FY 2013 appropriations, noted that Beijing suspended credit to Khartoum following the secession of South Sudan and the loss of oil reserves that existed when the country was united.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.