Hamburg Port Consulting quietly streamlines Port Sudan
For three months now, Hamburg Port Consulting has been working to reduce delays for unloading ships at Port Sudan, the only international port in the country.
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.
After president Omar al-Bashir was deposed in 2019, a deal was struck to share power between military and civilian leaders for a transitional period leading to elections in December next year. But the ruling Sovereignty Council set up by that deal is stealthily finding ways to postpone the polls, which now will not happen before 2024.
The Canadian junior is unable to explore its gold, copper and zinc project in northern Ethiopia because of the conflict there. Its boss recently met with mining authorities in neighbouring Sudan, which is riding high after the lifting of US sanctions and good news from the recent Paris conference on African economies.