South Sudan Sees Foreign Direct Investment Rising to $1 Billion
- Investment seen growing from $250 million two years ago
- Nation’s emerging from 5-year civil war that spooked investors
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Ten months of relative peace in South Sudan has triggered a rush of investment, raising inflows four-fold this fiscal year to an expected $1 billion.
Foreign direct investment for the nation that’s been in the throes of civil war was about $250 million in 2016-17, according to South Sudan Investment Authority’s secretary-general, Abraham Maliet Mamer. Statistics for 2017-18 are still being compiled.