Africa Sudan The Bank Deposit Guarantee Fund has resumed operations, as part of Sudan's Central Bank's push to restore key financial institutions to Khartoum and rebuild confidence in the banking system after the severe wartime disruptions
Africa Sudan The 1, 2, 5, 10, 20 and 50-pound notes have effectively lost their purchasing power amid soaring inflation and a sharp depreciation of the Sudanese currency and will be withdrawn; holders have a 3-month deadline to deposit them into bank accounts
Africa Sudan UN officials issued one of the strongest coordinated appeals by the international community calling to refrain from escalating conflict in El Obeid, a populous city and a key humanitarian corridor, fearing a more destructive phase and worse atrocities
Africa Sudan The Central Bank of Sudan signed a memorandum of understanding for banking cooperation with Azerbaijani Central Bank, part of Sudan's bank’s efforts to open up to the international financial system and reintegrate into global banking networks
Africa Sudan 35.000 divorces have been recorded in Sudan since the war started in April 2023, according to sources in the Sudanese judiciary; social researchers say it is an unprecedented social rupture driven by economic collapse, shift in roles, family displacement