Former Rebel Goes for Gold in Bid to Turn Around Sudan’s Economy

Sudan wants to lure private investment into its gold industry to help revive an economy shattered by years of conflict and dictatorship, Finance Minister Gibril Ibrahim said.

The former rebel leader who once fought to overthrow President Omar al-Bashir has been implementing a slew of economic changes since becoming finance chief in February. Sudan is edging toward clearing the bulk of its roughly $60 billion foreign debt and settling arrears with the International Monetary Fund.

Other challenges remain for the transitional government ruling in the wake of Bashir’s 2019 ouster, including holding elections, loosening the military’s stranglehold over key industries ...