Sudan has secured a $425 million bridge loan to settle its arrears with the African Development Bank (AfDB). The information was reported by the Ministry of Finance in a May 5 statement.

“We no longer have any arrears with the Bank,” said Sudanese Finance Minister Jibril Ibrahim, welcoming this new success. The bridge loan was provided by Britain, Sweden and Ireland.

For more information, please see https://www.ecofinagency.com/public-management/0705-42613-sudan-secures-425mln-loan-to-clear-debt-arrears-with-afdb