On Monday, France offered Sudan a $1.5 billion (€1.25 billion) bridging loan to help it pay its debts to the International Monetary Fund (IMF), while Germany is also interested in participating in Sudan’s debt relief.
The announcement was made officially by French President Emmanuel Macron, who is hosting an African leaders’ summit in Paris to seek help for Sudan’s fledgling transitional government.
According to Sudanese Prime Minister, total debts amount to some $60 billion. France is hosting a conference in Paris of several African leaders offering to assist Sudan’s transitional government.
This announcement was made by French President Emmanuel Macron and this conference is to seek support for Sudan’s fledgling transitional government. “Despite the difficulties, considerable progress has been made since the fall of the old regime,” Macron said in his opening address. Hailing its transition as “an inspiration” and a “precedent,” he said that the international community had a “collective responsibility” to help Sudan realize its goals.”
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Data source: All Africa news