The German Federal Ministry for Economic Cooperation and Development has announced a grant of USD12 million to support investment companies working in various agricultural fields in the states of eastern Sudan: Gedaref, Kassala, and Port Sudan.
Osman spoke to Radio Dabanga following his talk at the Sudan SME Catalyser event in Kampala, the capital of Uganda, organised by AECF and 249Startups, where BMZ announced the grant. 50 projects will receive grants ranging from USD50,000 to USD250,000, while 10 projects will receive between USD250,000 and USD750,000, according to Osman. Applicants must be registered companies in Sudan with at least two years of investment experience in the agricultural sector.
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