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UK to extend £330 million bridge loan to clear Sudan’s debt to ADB

UK to extend £330 million bridge loan to clear Sudan’s debt to ADB

BRITAIN will provide a £330 million bridge loan to help Sudan clear its more than $400 million in arrears to the African Development Bank, British Foreign Secretary Dominic Raab said on Thursday. London, United Kingdom. Foreign Secretary Dominic Raab reviews new Global Human Rights Sanctions Regime Designations, in the Foreign & Commonwealth Office. Picture by Pippa Fowles / No 10 Downing Street. Sudan’s removal from a U.S. list of state sponsors of terror late last year has paved the way for Sudan to start the process of clearing its approximately $60 billion in foreign debt, a necessary step toward seeking…
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