Michel Sweeney, Senior Resercher, Farrelly Mitchell, explores how investment in Sudan’s agricultural sector offers the potential for lucrative returns. However, due consideration should be given to the fact that it is a high-risk country for businesses.
Key Takeaways
Having undergone a decade of oil fueled expansion, the economy suffered a significant shock in 2011.
Despite declining at a CAGC of 45% in the period 2011-2014, fuels and mining products still account for 56% of the value of merchandise exports. Agriculture products and manufactures account for 38% and 6% of exports
Recognition of agriculture’s increasing importance in the economy: The government has targeted agriculture, mining and enhanced oil production as sectors for development
Sudan’s economy is highly dependent on agriculture, which contributes 29% of its GDP
FAO estimates Sudan produced 18 million tonnes of crops in 2014:Sorghum and sugar cane dominate, accounting for 67% of production
Investment in Sudan’s agricultural sector offers the potential for lucrative returns. However, due consideration should be given to the fact that it is a high-risk country for businesses.
Agribusiness in Sudan
In spite of its challenges, agriculture in Sudan holds great potential for investors. Given the number of variables influencing, informed decision-making is crucial for investors and stakeholders.
At Farrelly Mitchell, our food and agribusiness consultants provide valuable insights and recommendations to investors. We offer specialised commercial supports, including market analytics, risk analysis, and due diligence. Our tailored approach brings clarity to complex markets and provides actionable insights on investment targets. If you are looking to expand your operations, improve your market position, or enter new markets, contact our team today.
