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

    US Leaders Who Served in Vietnam War Look Back and Ahead

    In New York Times opinion piece, Secretary of State John Kerry, Senator John McCain and former Senator Bob Kerrey say as US strengthens relations with Vietnam, it is important to remember lessons learned from war

    Who Are US Allies in Fight Against Islamic State?

    There is little but opportunism keeping coalition together analysts warn — SDFs Arab militias are not united even among themselves, frequently squabble and don’t share Kurds' vision for post-Assad Syria

    Learning Foreign Language Helps US Soldiers Bridge Culture Gap

    Effective interaction with local populations part of everyday curriculum at Monterey, California, Defense Language Institute

    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.
    Vietnamese-American Youth Optimistic About Obama's Visit to Vietnami
    X
    Elizabeth Lee
    May 22, 2016 6:04 AM
    U.S. President Barack Obama's visit to Vietnam later this month comes at a time when Vietnam is seeking stronger ties with the United States. Many Vietnamese Americans, especially the younger generation, are optimistic Obama’s trip will help further reconciliation between the two former foes. Elizabeth Lee has more from the community called "Little Saigon" located south of Los Angeles.
    Video

    Video Vietnamese-American Youth Optimistic About Obama's Visit to Vietnam

    U.S. President Barack Obama's visit to Vietnam later this month comes at a time when Vietnam is seeking stronger ties with the United States. Many Vietnamese Americans, especially the younger generation, are optimistic Obama’s trip will help further reconciliation between the two former foes. Elizabeth Lee has more from the community called "Little Saigon" located south of Los Angeles.
    Video

    Video First-generation, Afghan-American Student Sets Sights on Basketball Glory

    Their parents are immigrants to the United States. They are kids who live between two worlds -- their parents' homeland and the U.S. For many of them, they feel most "American" at school. It can be tricky balancing both worlds. In this report, produced by Beth Mendelson, Arash Arabasadi tells us about one Afghan-American student who seems to be coping -- one shot at a time.
    Video

    Video Newest US Citizens, Writing the Next Great Chapter

    While universities across the United States honor their newest graduates this Friday, many immigrants in downtown Manhattan are celebrating, too. One hundred of them, representing 31 countries across four continents, graduated as U.S. citizens, joining the ranks of 680,000 others every year in New York and cities around the country.
    Video

    Video Vietnam Sees Strong Economic Growth Despite Incomplete Reforms

    Vietnam has transformed its communist economy to become one of the world's fastest-growing nations. While the reforms are incomplete, multinational corporations see a profitable future in Vietnam and have made major investments -- as VOA's Jim Randle reports.
    Video

    Video Qatar Denies World Cup Corruption

    The head of Qatar’s organizing committee for the 2022 World Cup insists his country's bid to host the soccer tournament was completely clean, despite the corruption scandals that have rocked the sport’s governing body, FIFA. Hassan Al-Thawadi also said new laws would offer protection to migrants working on World Cup construction projects. VOA's Henry Ridgwell reports.
    Video

    Video Infrastructure Funding Puts Cambodia on Front Line of International Politics

    When leaders of the world’s seven most developed economies meet in Japan next week, demands for infrastructure investment world wide will be high on the agenda. Japanese Prime Minister Shinzo Abe’s push for “quality infrastructure investment” throughout Asia has been widely viewed as a counter to the rise of Chinese investment flooding into region.
    Video

    Video Democrats Fear Party Unity a Casualty in Clinton-Sanders Battle

    Democratic presidential front-runner Hillary Clinton claimed a narrow victory in Tuesday's Kentucky primary even as rival Bernie Sanders won in Oregon. Tensions between the two campaigns are rising, prompting fears that the party will have a difficult time unifying to face the presumptive Republican nominee, Donald Trump. VOA national correspondent Jim Malone has more from Washington.
    Video

    Video Portrait of a Transgender Marriage: Husband and Wife Navigate New Roles

    As controversy continues in North Carolina over the use of public bathrooms by transgender individuals, personal struggles with gender identity that were once secret are now coming to light. VOA’s Tina Trinh explored the ramifications for one couple as part of trans.formation, a series of stories on transgender issues.
    Video

    Video Amerikan Hero Flips Stereotype of Middle Eastern Character

    An Iranian American comedian is hoping to connect with American audiences through a film that inverts some of Hollywood's stereotypes about Middle Eastern characters. Sama Dizayee reports.
    Video

    Video Budding Young Inventors Tackle City's Problems with 3-D Printing

    Every city has problems, and local officials and politicians are often frustrated by their inability to solve them. But surprising solutions can come from unexpected places. Students in Baltimore. Maryland, took up the challenge to solve problems they identified in their city, and came up with projects and products to make a difference. VOA's June Soh has more on a digital fabrication competition primarily focused on 3-D design and printing. Carol Pearson narrates.

    Special Report

    Adrift The Invisible African Diaspora