With (Gold as Guarantee)… A New Economic Entity Launched and (Qatari-Sudanes) Company established

The launch of an economic entity to enhance private sector investments between Qatar and Sudan was announced in the Qatari capital, Doha.

The entity specializes in supporting small and medium-sized enterprises (SMEs) in Africa through financing solutions and will rely on gold supply, “providing a stable mechanism for securing investments.”

The “AWJ” Investment and Development Program was announced. It is a new African economic entity headquartered in Qatar, with offices in Sudan, Saudi Arabia, and Turkey, and will establish a digital financial platform to foster international investment and trade.

An agreement was signed between a group of major companies to establish a Qatari-Sudanese holding company in Qatar’s Free Zones, highlighting Qatar as a prominent investment destination.

The economic entity aims to enhance economic integration between Africa and the Gulf states through investment in technology, food security, industry, logistics, minerals, and trade in services. It also aims to facilitate the flow of foreign direct investment through a digital financial platform compatible with the financial systems in Sudan and Qatar, enhancing transparency and efficiency in trade and investment transactions.

The entity specializes in supporting SMEs in Africa through innovative financing solutions, providing guarantees and technical and financial support to encourage innovation and sustainable growth in vital sectors.

It will also rely on gold supply. Gold, which strengthens financial confidence and provides a stable mechanism for securing investments.