News / Africa

    Economic Conference a Lesson for South Sudan, says Official

    South Sudan's President Salva Kiir addresses 66th United Nations General Assembly, New York, September 2011 (file photo). South Sudan's President Salva Kiir addresses 66th United Nations General Assembly, New York, September 2011 (file photo).
    x
    South Sudan's President Salva Kiir addresses 66th United Nations General Assembly, New York, September 2011 (file photo).
    South Sudan's President Salva Kiir addresses 66th United Nations General Assembly, New York, September 2011 (file photo).
    Peter Clottey

    This is Part Three of a six-part series on African Investment
    Continue to Parts:     1 / 24 / 5 / 6

    An economic adviser to South Sudan President Salva Kiir says the recent conference of the New York Forum Africa provided a learning platform that would help Africa’s newest nation formulate policies to attract investors.

    Aggrey Tisa Sabuni, who led the South Sudan delegation to the conference, said Juba highly values the three-day meeting held in early June in the Gabonese capital, Libreville.

    Learning through the experiences of others, he said, is the easiest and fastest for the country to move forward. “Interacting with government delegations as well as chief executive officers of various companies,” he explained, “facilitates and enables South Sudan to know how things are done globally,” said Sabuni.

    The forum brought together international investors and African business leaders in an effort to foster partnerships. Organizers say the forum created an environment in which leaders from different sectors and industry experts could consider new ideas for promoting growth.

    Observers said the gathering lived up to its billing as one of the largest gatherings for economic, business, and political leaders looking for new investment opportunities in Africa.

    Sabuni said “South Sudan should start from where the rest of Africa is [today] -- and not to start 50 or 60 years [behind]” because of the decades spent fighting the Republic of Sudan for independence. “[At the forum] we got exposed [to new ideas and the lessons on development from other countries], and exposure is a very key issue,” said Sabuni.

    The East African Community (EAC) is expected to decide later this year whether to accept South Sudan’s request to join the sub-regional group.

    Sabuni underscored the importance of its application.

    “At a global level South Sudan will be able to be pulled up by the [boot] straps by the East African Community nations,” continued Sabuni. “[The EAC’s] legislative framework, its infrastructure, its way of managing the economy, banking, the macroeconomic aspects, which we are still in the process of establishing or instituting, will be fast tracked…. So there is quite a lot that South Sudan is expected to learn from its neighbors.” 

    Some South Sudanese have expressed concern that ongoing tension with neighboring Sudan is creating instability and preventing much-needed investments needed to develop.

    Sabuni concurs but adds that South Sudan is working with international partners to resolve its disagreements with its northern neighbor. He admitted Juba needs to do more to attract foreign investors.

    “When we started our legal framework, our institutions, our capacity issues were awfully deficient,” Sabuni said.

    “Now, in terms of investment, recently the Minister of Commerce, Industry and Investment was able to put in place what we call a one-stop shop center. This was just accomplished early this year…this is the required legal framework establishing the appropriate environment for doing business, being able to register a company within a period not exceeding seven days. These are the things we are trying to put in place.”

    South Sudan shut down its oil production over disagreements with Sudan. Sabuni said the government is implementing policies to ensure the country doesn’t rely too much on the natural resource.         
             
     “The shutdown of oil production in a way I think is a blessing, because it has enabled the leadership to focus on diversification of the economy with agriculture as the leading sector,” said Sabuni.

    He said the government is working closely with its neighbors in the region to help it find alternative ways of exporting oil if the government decides to resume production.

    Sabuni expressed hope talks between South Sudan and Sudan will help ease tensions and resolve outstanding issues.
    Clottey interview with Aggrey Tisa Sabuni adviser to South Sudan president
    Clottey interview with Aggrey Tisa Sabuni adviser to South Sudan presidenti
    || 0:00:00
    ...    
     
    X

    You May Like

    Syrian Rebel Realignment Likely as al-Qaida Leader Blesses Split

    Jihadist group Jabhat al-Nusra splits from al-Qaida in what observers dub a ‘deception and denial’ exercise

    New India Child Labor Law Could Make Children More Vulnerable

    Concerns that allowing children to work in family enterprises will push more to work

    What Take-out Food Reveals About American History

    Carry-out food explains a lot about the changes taking place in society, so here's the deal with pizza, Chinese food and what racism has to do with taking food to go

    This forum has been closed.
    Comments
         
    There are no comments in this forum. Be first and add one

    By the Numbers

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Uganda Unveils its First Solar-powered Busi
    X
    July 28, 2016 4:16 AM
    A solar-powered bus described by its Ugandan makers as the first in Africa has made its public debut. Kiira Motors' electric bus, Kayoola, displayed recently at a stadium in Uganda's capital. From Kampala, Maurice Magorane filed this report narrated by Salem Solomon.
    Video

    Video Uganda Unveils its First Solar-powered Bus

    A solar-powered bus described by its Ugandan makers as the first in Africa has made its public debut. Kiira Motors' electric bus, Kayoola, displayed recently at a stadium in Uganda's capital. From Kampala, Maurice Magorane filed this report narrated by Salem Solomon.
    Video

    Video Silicon Valley: More Than A Place, It's a Culture

    Silicon Valley is a technology powerhouse and a place that companies such as Google, Facebook and Apple call home. It is a region in northern California that stretches from San Francisco to San Jose. But, more than that, it's known for its startup culture. VOA's Elizabeth Lee went inside one company to find out what it's like to work in a startup.
    Video

    Video Immigrant Delegate Marvels at Democratic Process

    It’s been a bitter and divisive election season – but first time Indian-American delegate Dr. Shashi Gupta headed to the Democratic National Convention with a sense of hope. VOA’s Katherine Gypson followed this immigrant with the love of U.S. politics all the way to Philadelphia.
    Video

    Video Philadelphia Uses DNC Spotlight to Profile Historic Role in Founding of United States

    The slogan of the Democratic National Convention now underway in Philadelphia is “Let’s Make History Again” which recognizes the role the city played in the foundation of the United States in the 18th century. As VOA’s Kane Farabaugh reports, local institutions are opening their doors in an effort to capitalize on the convention spotlight to draw visitors, and to offer more than just a history lesson.
    Video

    Video A Life of Fighting Back: Hillary Clinton Shatters Glass Ceiling

    Hillary Clinton made history Thursday, overcoming personal and political setbacks to become the first woman to win the presidential nomination of a major U.S. political party. If she wins in November, she will go from “first lady” to U.S. Senator from New York, to Secretary of State, to “Madam President.” Polls show Clinton is both beloved and despised. White House Correspondent Cindy Saine takes a look at the life of the woman both supporters and detractors agree is a fighter for the ages.
    Video

    Video Dutch Entrepreneurs Turn Rainwater Into Beer

    June has been recorded as one of the wettest months in more than a century in many parts of Europe. To a group of entrepreneurs in Amsterdam the rain came as a blessing, as they used the extra water to brew beer. Serginho Roosblad has more to the story.
    Video

    Video First Time Delegate’s First Day Frustrations

    With thousands of people filling the streets of Philadelphia, Pennsylvania for the 2016 Democratic National Convention, VOA’s Kane Farabaugh narrowed in on one delegate as she made her first trip to a national party convention. It was a day that was anything but routine for this United States military veteran.
    Video

    Video Commerce Thrives on US-Mexico Border

    At the Democratic Convention in Philadelphia this week, the party’s presumptive presidential nominee, Hillary Clinton, is expected to attack proposals made by her opponent, Republican presidential nominee Donald Trump, to build a wall along the U.S.-Mexico border. Last Friday, President Barack Obama hosted his Mexican counterpart, President Enrique Peña Nieto, to underscore the good relations between the two countries. VOA’s Greg Flakus reports from Tucson.
    Video

    Video Film Helps Save Ethiopian Children Thought to be Cursed

    'Omo Child' looks at effort of African man to stop killings of ‘mingi’ children
    Video

    Video London’s Financial Crown at Risk as Rivals Eye Brexit Opportunities

    By most measures, London rivals New York as the only true global financial center. But Britain’s vote to leave the European Union – so-called ‘Brexit’ – means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. Already some banks have said they may shift operations to the mainland. Henry Ridgwell reports from London.
    Video

    Video Recycling Lifeline for Lebanon’s Last Glassblowers

    In a small Lebanese coastal town, one family is preserving a craft that stretches back millennia. The art of glass blowing was developed by Phoenicians in the region, and the Khalifehs say they are the only ones keeping the skill alive in Lebanon. But despite teaming up with an eco-entrepreneur and receiving an unexpected boost from the country’s recent trash crisis the future remains uncertain. John Owens reports from Sarafand.
    Video

    Video Migrants Continue to Risk Lives Crossing US Border from Mexico

    In his speech Thursday before the Republican National Convention, the party’s presidential candidate, Donald Trump, reiterated his proposal to build a wall along the U.S.-Mexico border if elected. Polls show a large percentage of Americans support better control of the nation's southwestern border, but as VOA’s Greg Flakus reports from the border town of Nogales in the Mexican state of Sonora, the situation faced by people trying to cross the border is already daunting.

    Special Report

    Adrift The Invisible African Diaspora