With the United States, France and the United Kingdom all vying to become the partner of choice of the new regime in Sudan, the American development agency USAID, which was to select and finance an advisory bank to assist Sudan in restructuring its debt, has fluffed its lines and the tender call currently remains in limbo.
Late last month Sudan returned the IMF's and the World Bank's fold, winning an initial $2.4bn loan as well as integration into the HIPC debt reduction initiative. Next week it is due negotiate a mammoth debt write-off package in the French capital.
As it negotiates to re-establish relations with the International Monetary Fund, Sudan is under pressure to better control its gold exports. The trouble is, the yellow metal's leading dealers sit on the ruling Sovereign Council.