Sudanese tycoon Osama Daoud Abdellatif’s DAL Group receives $50m support from UK’s BII
The DAL group, headed by one of the country’s most powerful businessmen, has leveraged its strategic position in the Sudanese agribusiness sector to negotiate an advance from the UK’s development finance agency to meet national needs.
Someone shares this article with you
▪ Sudanese tycoon Osama Daoud Abdellatif’s DAL Group receives $50m support from UK’s BII
▪ The DAL group, headed by one of the country’s most powerful businessmen, has leveraged its strategic position in the Sudanese agribusiness sector to negotiate an advance from the UK’s development finance agency to meet national needs.
▪ https://www.africabusinessplus.com/en/814853/sudanese-tycoon-osama-daoud-abdellatifs-dal-group-receives-50m-support-from-uks-bii/
According to the British International Investment (BII), the US$50 million package released to the DAL conglomerate will “support food availability in Sudan”.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Development Bank
14/02/2023 at 19h22, by Africa Business+, updated 22/02/2023
Meet the Investors – Chris Chijiutomi, MD, Head of Africa at BII: “We expect $1-2 billion in investments within 18 months”
Nick O’Donohoe heads the British International Investment (BII), the development finance institution...
Oil & Gas
04/01/2023 at 17h25, by Africa Business+, updated 09/01/2023
Trinity Energy expands in South Sudan and across Africa
The fuel distributor, founded and led by Akol E Ayii, controls almost half the market in the young republic,...
Development Bank
07/12/2022 at 21h18, by Africa Business+
African Guarantee Fund secures $150m support from UK BII
The pan-African guarantee fund will channel this jointly managed facility into its SME lending portfolio,...
Hospitality & Tourism
07/09/2022 at 22h03, by Africa Business+
South Sudan : Ayesheshim Teka on track to expand his hotel
The Ethiopian investor, and naturalised citizen of South Sudan, is on the verge of building an impressive...
Bank & Insurance
11/01/2022 at 20h11, by Africa Business+, updated 12/01/2022
Sudanese subsidiary of Libyan sovereign wealth fund recovers $500,000 seized by the US authorities
The case dates back to 1992, when a transfer of funds was blocked and was about to be used to compensate...
Advisory
14/10/2021 at 16h03, by Africa Business+, updated 15/10/2021
Mark family terrorism claims against Sudan dismissed
A US court ruled on 7 October against a $250 million claim for compensation after Sudan transferred...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.