South Sudan Investing Oil Proceeds into Productive Sectors such as Agriculture and Infrastructure

South Sudan Investing Oil Proceeds into Productive Sectors such as Agriculture and Infrastructure

The government of the Republic of South Sudan is working hard to transform the country and the lives of its people. This year was particularly tough on the east African country as it dealt with the drop in oil prices, the Coronavirus pandemic as well as civil unrest, but the government is determined to continue its work in achieving peace and stabilising the economy. 

Despite the challenges, the world’s youngest country is positive about the future, an outlook shared by the  African Development Bank (AfDB) which has strongly supported South Sudan with various developmental projects. 

One of its current projects is to provide a city-wide power grid in Juba for the first time since the country’s independence in 2011. The Juba Power Distribution System Rehabilitation and Expansion Project is lighting up the capital, promoting security and transforming lives and businesses. This US$38 million project, which is on track for completion at the end of 2020, will make a massive difference as the country has struggled to provide stable and reliable electricity since its independence. Once completed, the project will eventually connect at least 20,000 domestic and commercial consumers.

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Source: OilnewsKenya

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