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AFDB PLEDGES STRONGER SUPPORT FOR SOUTH SUDAN PRIVATE SECTOR

May 29, 2026 1 min read
AFDB PLEDGES STRONGER SUPPORT FOR SOUTH SUDAN PRIVATE SECTOR

 Governor of the Bank of South Sudan (BoSS), Johnny Ohisa Damian, and his accompanying officials held a strategic meeting with African Development Bank (AfDB) Vice President for Private Sector, Infrastructure and Industrialization, Solomon Quaynor, on the sidelines of the AfDB Annual Meetings in Brazzaville.

The meeting focused on expanding support for South Sudan’s private sector and identifying investment opportunities that can drive economic growth and diversification.

Vice President Quaynor said the AfDB is ready to support private sector development in key sectors, including transport, telecommunications, microfinance, and financial technology (fintech). He revealed that the AfDB will send a delegation to South Sudan to assess priority sectors for potential investment and support.

Governor Ohisa highlighted that South Sudan is committed to diversifying its economy through agriculture and strengthening private sector participation as a cornerstone of the country’s economic transformation.

Deputy Minister of Finance and Planning, Hon. Thok Truk, expressed appreciation for the AfDB’s continued commitment to supporting South Sudan’s development priorities.