Tag: great lakes region

South Sudan: Oil firm bids to set up regional refinery

Trinity Energy Limited, South Sudan's oil marketing firm is set to invest $10million in its Kenyan operations and also plans to build a $500 million crude oil refinery in South Sudan to serve the region with refined petroleum products. Parek Maduot, Director of Economic Development &Regional Integration, at the International Conference on the Great Lakes Region joins CNBC Africa for more.

South Sudan’s Central Bank slashes benchmark rate to 13% in response to COVID-19

South Sudan’s central bank has slashed its benchmark interest rate by 200 basis points to 13 per cent to help the economy cope with the effects of COVID-19. According to governor, the flow of credit to the private sector had started to decline during the outbreak and the policy easing was aimed at accelerating lending. Parek Maduot, Director of Economic Development & Regional Integration, at the International Conference on the Great Lakes Region joined CNBC Africa more.

ARCOS on the economic value of wetland conservation

When Rwanda celebrated the World Wetlands Day recently, CNBC Africa spoke to Dr. Sam Kanyamibwa, Executive Director of Albertine Rift Conservation Society (ARCOS) to understand the economic values of wetlands as well as the state of conservation in the Great Lakes region.

South Sudan economic outlook

South Sudan lawmakers stormed out of budget presentation in parliament citing frustrations over non-payment of salaries to civil servants and soldiers. Parek Maduot, Director of Economic Development and Regional Integration at International Conference on the Great Lakes Region joins CNBC Africa for more.
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