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2026-09-28T14:41:34.000Z

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22 Hrs2026-09-28T17:53:00.000Z
Evonik Declines $11.7B BASF Bid
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Private sector's role in Sudan's economic recovery

Private sector's role in Sudan's economic recovery

Sudanese private sector faces major challenges in recovery and investment after more than three years of war, with the economy shrinking by over 40% and one-third of companies closed. Approximately 1,800 industrial facilities have been damaged, and 650 factories completely destroyed. Key obstacles include high renovation costs, difficulties in securing funding, weak infrastructure, and resource smuggling, such as gold, all of which hinder economic activity recovery and job creation. The efforts of the government and the private sector are focused on rehabilitating facilities, expanding financing channels, and improving policies to achieve a comprehensive recovery. There is also an urgent need to set clear objectives and monitor their implementation to overcome the war’s effects and restore the private sector's role in economic growth.

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