SOUTH SUDAN: DEBT BURDEN AND CORRUPTION MAY DISSUADE FRESH FOREIGN INVESTMENT
Fri, 20 September 2019
Improving relations with neighbouring Sudan and a nascent recovery in the all-important oil sector are motivating rival parties in South Sudan’s long-running civil war to seek to implement the 2018 peace deal and to form a transitional government. However, foreign investors may be dissuaded from committing to new projects due to continued insecurity, widespread corruption, and potential repayment issues as pre-export oil financing deals increase the debt burden.
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