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Home Africa

Businesses drop off in Sudan’s Khartoum

by Diplomatic Info
May 12, 2022
in Africa, Business
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Xinhua

KHARTOUM, May 12 (Xinhua) — A weak economy and a lingering political impasse have made the lives of Sudanese people even harder.

The declining purchasing power of the customers has impacted businesses in the capital Khartoum, where vendors complain about the largely stagnated business activities amid inflation and the high prices.

Sudan has been plagued by an economic crisis since the secession of South Sudan in 2011, which costs Sudan 75 percent of its oil revenues. Its economic crisis turned for the worse after the United States and international agencies suspended aid after the declaration of a state of emergency in the country on Oct. 25, 2021.

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