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).
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

You May Like

Photogallery Strong Words Start, May End, S. African Xenophobic Attacks

President Jacob Zuma publicly condemned rise in attacks on foreign nationals but critics say leadership has been less than welcoming to foreign residents More

Video Family Waits to Hear Charges Against Reporter Jailed in Iran

Reports in Iran say Jason Rezaian has been charged with espionage, but brother tells VOA indictment has not been made public More

Video Overwhelmed by Migrants, Italy Mulls Action to Stabilize Libya

Amnesty International says multinational concerted humanitarian effort must be enacted to address crisis; decrepit boats continue to bring thousands of new arrivals daily More

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

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Are Energy Needs Putting Thailand's Natural Beauty at Risk?i
Steve Sandford
April 17, 2015 12:50 AM
Thailand's appetite for more electricity has led to the construction of new dams along the Mekong River to the north and new coal plants near the country's famous beaches in the south. A proposed coal plant in a so-called "green zone" has touched off a debate. VOA's Steve Sandford reports.

Video Are Energy Needs Putting Thailand's Natural Beauty at Risk?

Thailand's appetite for more electricity has led to the construction of new dams along the Mekong River to the north and new coal plants near the country's famous beaches in the south. A proposed coal plant in a so-called "green zone" has touched off a debate. VOA's Steve Sandford reports.

Video Overwhelmed by Migrants, Italy Mulls Military Action to Stabilize Libya

Thousands more migrants have arrived on the southern shores of Italy from North Africa in the past two days. Authorities say they expect the total number of arrivals this year to far exceed previous levels, and the government has said military action in Libya might be necessary to stem the flow. VOA's Henry Ridgwell reports.

Video Putin Accuses Kyiv of ‘Cutting Off’ Eastern Ukraine

Russian President Vladimir Putin, in his annual televised call-in program, again denied there were any Russian troops fighting in Ukraine. He also said the West was trying to ‘contain’ Russia with sanctions. Henry Ridgwell reports on reactions to the president’s four-hour TV appearance.

Video Eye Contact Secures Dog's Place in Human Heart

Dogs serve in the military, work with police and assist the disabled, and have been by our side for thousands of years serving as companions and loyal friends. We love them. They love us in return. VOA’s Rosanne Skirble reports on a new study that looks at the bio-chemical bond that cements that human-canine connection.

Video Ukrainian Volunteers Search for Bodies of Missing Soldiers

As the cease-fire becomes more fragile in eastern Ukraine, a team of volunteer body collectors travels to the small village of Savur Mohyla in the what pro-Russian separatists call the Donetsk Peoples Republic - to retrieve bodies of fallen Ukrainian servicemen from rebel-held territories. Adam Bailes traveled with the team and has this report.

Video Xenophobic Violence Sweeps South Africa

South Africa, long a haven for African immigrants, has been experiencing the worst xenophobic violence in years, with at least five people killed and hundreds displaced in recent weeks. From Johannesburg, VOA’s Anita Powell brings us this report.

Video Sierra Leone President Koroma Bemoans Ebola Impact on Economy

In an interview with VOA's Shaka Ssali on Wednesday, President Ernest Koroma said the outbreak undermined his government’s efforts to boost and restructure the economy after years of civil war.

Video Protester Lands Gyrocopter on Capitol Lawn

A 61-year-old mailman from Florida landed a small aircraft on the Capitol lawn in Washington to bring attention to campaign finance reform and what he says is government corruption. Wednesday's incident was one in a string of security breaches on U.S. government property. Zlatica Hoke reports the gyrocopter landing violated a no-fly zone.

Video Apollo 13, NASA's 'Successful Failure,' Remembered

The Apollo 13 mission in 1970 was supposed to be NASA's third manned trip to the moon, but it became much more. On the flight's 45th anniversary, astronauts and flight directors gathered at Chicago's Adler Planetarium to talk about how the aborted mission changed manned spaceflight and continues to influence space exploration today. VOA’s Kane Farabaugh reports.

Video Badly Burned Ukrainian Boy Bravely Fights Back

A 9-year-old Ukrainian boy has returned to his native country after intensive treatment in the United States for life-threatening burns. Volodia Bubela, burned in a house fire almost a year ago, battled back at a Boston hospital, impressing doctors with his bravery. Faith Lapidus narrates this report from VOA's Tetiana Kharchenko.

Video US Maternity Leave Benefits Much Less Than Many Countries

It was almost 20 years ago that representatives of 189 countries met at a UN conference in Beijing and adopted a plan of action to achieve gender equality around the world. Now, two decades later, the University of California Los Angeles World Policy Analysis Center has issued a report examining what the Beijing Platform for Action has achieved. From Los Angeles, Elizabeth Lee has more.

Video Endangered Hawaiian Birds Get Second Chance

Of the world's nearly 9,900 bird species, 13 percent are threatened with extinction, according to BirdLife International. Among them are two Hawaiian honeycreepers - tiny birds that live in the forest canopy, and, as the name implies, survive on nectar from tropical flowers. Scientists at the San Diego Zoo report they have managed to hatch half a dozen of their chicks in captivity, raising hopes that the birds will flutter back from the brink of extinction. VOA’s George Putic reports.

Video Exhibit Brings Renaissance Master Out of the Shadows

The National Gallery of Art in Washington has raised the curtain on one of the most intriguing painters of the High Renaissance. Mostly ignored after his death in the early 1500s, Italian master Piero di Cosimo is now claiming his place alongside the best-known artists of the period. VOA’s Ardita Dunellari reports.

Video Sidemen to Famous Blues Artists Record Their Own CD

Legendary blues singer BB King was briefly hospitalized last week and the 87-year-old “King of the Blues” may not be touring much anymore. But some of the musicians who have played with him and other blues legends have now released their own CD in an attempt to pass the torch to younger fans... and put their own talents out front as well. VOA’s Greg Flakus has followed this project over the past year and filed this report from Houston.

Video Iran-Saudi Rivalry Is Stoking Conflict in Yemen

Iran has proposed a peace plan to end the conflict in Yemen, but the idea has received little support from regional rivals like Saudi Arabia. They accuse Tehran of backing the Houthi rebels, who have forced Yemen’s president to flee to Riyadh, and have taken over swaths of Yemen. As Henry Ridgwell reports for VOA, analysts say the conflict is being fueled by the Sunni-Shia rivalry between the two regional powers.

VOA Blogs