Central bank governor woos investors to invest in untapped sectors of the economy

By Awan Achiek

The Governor of the Bank of South Sudan Dr. James Alic Garang said on Sunday that the country is open for foreign investors to invest in untapped sectors of the economy, after he held a series of meetings with regional  leaders and investors in neighboring Kenya.

“One of those things that we have highlighted very well, we believe, is the need to tell the region and the world that South Sudan is a place for business, there’s so much at home and that there’s a lot beyond oil.” Garang told journalists.

He made these remarks in Juba, after attending the annual meeting of the African Development Bank (AfDB) held in Nairobi from May 27-31 2024.

The meeting was attended by African heads of state, ministers, and central bank governors, members of the development community, and the private sector.

“While this is an opportunity where governors and ministers of finance, and other heads of state interact and exchange views on how to improve global and regional integration, the opportunity also gave us especially the delegation from South Sudan, the opportunity to share our views,” Garang said