Sudan at the Center of Global Interest in Green Minerals

Sudanese Minister of Minerals Mohamed Bashir Abdullah (Asharq Al-Awsat)
Sudanese Minister of Minerals Mohamed Bashir Abdullah (Asharq Al-Awsat)
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Sudan at the Center of Global Interest in Green Minerals

Sudanese Minister of Minerals Mohamed Bashir Abdullah (Asharq Al-Awsat)
Sudanese Minister of Minerals Mohamed Bashir Abdullah (Asharq Al-Awsat)

As Khartoum and Riyadh prepare to raise the level of comprehensive bilateral cooperation, Sudanese Minister of Minerals Mohamed Bashir Abdullah revealed that efforts were underway to revive the Red Sea Agreement with Saudi Arabia.

In an interview with Asharq Al-Awsat, Abdullah said the Future Minerals Forum, which was recently held in Riyadh, provided a great opportunity to exchange expertise and ideas and explore new prospects for bilateral and international cooperation.

“It was an occasion to present an overview of mining in Sudan, its problems, investment opportunities and investing companies,” he added.

The minister noted that the coming period would witness joint Saudi-Sudanese discussions to develop a new vision and submit it to the concerned authorities in the two countries, according to which licenses will be granted to Saudi companies based on new foundations.

The economic sector contribution

Asked about Sudan’s production of gold, Abdullah noted that the total production reached around 50 tons in 2021, which provided $1.3 billion in contribution to the public treasury.

In the first 9 months of 2022, the production amounted to 42 tons of gold, he said, indicating that despite the decline in the volume, the rising prices increased the revenues by an estimated $1.6 billion in 9 months.

The Sudanese Minister of Minerals pointed to his country’s efforts to launch a diversified mining portfolio besides gold, which includes the production of chrome, copper, iron, industrial minerals (gypsum), lead, fluorite, and salt.

Green minerals

Abdullah told Asharq Al-Awsat that his country was seeking to explore and produce green minerals, with the aim to move towards alternative energies and reduce dependence on products with carbon emissions.

All green minerals are available in Sudan, including cobalt, lithium, uranium and aluminum, he said, adding that his country drew global attention in the efforts to get rid of carbon emissions.

“We are negotiating with specialized international companies to work in this type of mining. We have launched research, identified test sites, and conducted geological surveys that confirmed the presence of these minerals in abundance… But our problem currently revolves around financing for the production of green minerals,” the minister said.

The mining map

The Sudanese Minister of Minerals said that his country was working on three mining maps, with the help of Russian expertise.

“We have come an advanced way, as we have completed the second stage, and are heading towards the following phase, which is mining.”

According to Abdullah, Sudan has completed the drawing of its geological map, which is regularly updated based on latest research and studies.

He revealed that Sudan has also contracted a Russian company to prepare its mineral map, the data of which is currently updated to include new information.

Work plan

Regarding the government’s action plan, Abdullah said: “We are maximizing production by controlling traditional mining and increasing modern alternatives.”

“Great efforts are needed to surround the product nationwide,” the minister underlined, referring to ongoing efforts to provide financing and stimulate exploration and investment in this field.

Challenges

The Sudanese Minister of Minerals acknowledged several challenges facing the mining sector in his country, including poor funding and the lack of proper infrastructure, such as electric power and paved roads.

However, Abdullah said he believed that the biggest challenge was the state’s ability to control security chaos and obtain the trust of foreign investors and producing companies, as well as countering the effects of the sanctions imposed on Sudan.

Added to the existing challenges are political instability and the fluctuation of the exchange rate, the minister emphasized, pointing however to the strength and flexibility of the Sudanese investment law, which he said has become a basic version for a number of countries in the world.

Sudan is promised a great future in the field of mining, in light of serious efforts to enhance infrastructure, mobilize financing and attract investment to the sector, according to Abdullah.

The minister pointed to another challenge represented by the need to limit the presence of mercury, in line with a global convention that seeks to reduce global mercury pollution.

“We are currently on our way to stop mercury once and for all, as we are working to provide alternatives, and are in constant contact with companies working with alternative technology,” he told Asharq Al-Awsat.

Traditional mining

The Sudanese minister admitted that traditional mining in his country represented one of the biggest challenges facing the sector because of irresponsible and random practices that pose harm to the environment and health.

“Arbitrary traditional mining has made the country lose large revenues, but we are currently working to address these forms through two basic means. First, we have tried to limit traditional mining and issue licenses within the framework of cooperative groups… who were granted lands and spaces in a way that enables us to control production and the required capacity.”

He continued: “Secondly, we adopted the so-called tripartite contract between the government, franchise companies and traditional miners, with the aim to confront the problem of the traditional miners’ control over lands and spaces.”

In this context, Abdullah explained that based on the tripartite contract, traditional miners deliver the minerals extracted from the private lands to the franchise companies, which in turn extract the stone material and then distribute the production according to the principles agreed upon between the parties.

Looting of wealth

On the other hand, the Minister of Minerals denied the presence of looting of the country’s mineral resources. He stressed that rumors about an organized smuggling of wealth, which was reported by some media outlets, fell within a slander campaign.

Nevertheless, the Sudanese minister pointed to cases of gold smuggling out of the country, away from the eyes of the government and the monitoring companies, indicating that this often happens due to the spread of traditional mining in most parts of Sudan and in remote areas.

This type of smuggling finds its way through a number of open borders with some neighboring countries, he remarked.



QatarEnergy Declares Force Majeure on LNG Contracts

QatarEnergy's liquefied natural gas (LNG) production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. (Reuters)
QatarEnergy's liquefied natural gas (LNG) production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. (Reuters)
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QatarEnergy Declares Force Majeure on LNG Contracts

QatarEnergy's liquefied natural gas (LNG) production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. (Reuters)
QatarEnergy's liquefied natural gas (LNG) production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. (Reuters)

QatarEnergy declared on Tuesday force ‌majeure ‌on some ‌of ⁠its affected long-term ⁠LNG ⁠supply contracts, ‌with ‌counterparties including ‌customers in ‌Italy, Belgium, ‌South Korea, and ⁠China.

It said it was ‌continuing ‌to assess ‌the ⁠full impact of ⁠these recent events on its operations.

It added that it was assessing the impact ⁠and repair ‌timeline ‌for damaged facilities.

Missile ‌attacks on QatarEnergy's Ras Laffan production ‌hub on March 18 and 19 ⁠⁠caused significant damage.


Saudi Arabia Says World Economic Forum Postpones Jeddah Meeting

A World Economic Forum (WEF) logo. AFP
A World Economic Forum (WEF) logo. AFP
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Saudi Arabia Says World Economic Forum Postpones Jeddah Meeting

A World Economic Forum (WEF) logo. AFP
A World Economic Forum (WEF) logo. AFP

The World Economic Forum ⁠has postponed its Global ⁠Collaboration and Growth Meeting, originally ⁠set for April 22–23 in Jeddah, following consultations with the Saudi Ministry of Economy and ⁠Planning, citing ⁠current regional developments.

Saudi Minister of Economy and Planning Faisal Alibrahim stressed in January the need for sustained dialogue to accelerate global growth, calling on participants to engage actively in the meeting.

The Ministry of Economy and Planning affirmed Tuesday that the Kingdom has made comprehensive preparations to host the meeting and remains fully equipped to convene it, reflecting its continued role as a global platform for dialogue and agenda setting.

Building on its proven track record of convening major international gatherings, including the World Economic Forum Special Meeting in Riyadh in 2024, the ministry said it looks forward to hosting the Global Collaboration and Growth Meeting at a date to be announced in due course.

The World Economic Forum said: “The Global Collaboration and Growth Meeting will serve as a leading platform for shaping constructive global dialogue. Following coordination between the World Economic Forum and the Ministry of Economy and Planning of Saudi Arabia, it has been agreed to reschedule the meeting to maximize its global impact.”
 


IMF: Conflict Casts Shadow on Morocco's Economic Growth

FILE PHOTO: An MSC container ship crosses the Strait of Gibraltar from the Atlantic Ocean to the Mediterranean Sea, near the northern tip of the port of Tangier, Morocco, January 8, 2026. REUTERS/Amr Abdallah Dalsh
FILE PHOTO: An MSC container ship crosses the Strait of Gibraltar from the Atlantic Ocean to the Mediterranean Sea, near the northern tip of the port of Tangier, Morocco, January 8, 2026. REUTERS/Amr Abdallah Dalsh
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IMF: Conflict Casts Shadow on Morocco's Economic Growth

FILE PHOTO: An MSC container ship crosses the Strait of Gibraltar from the Atlantic Ocean to the Mediterranean Sea, near the northern tip of the port of Tangier, Morocco, January 8, 2026. REUTERS/Amr Abdallah Dalsh
FILE PHOTO: An MSC container ship crosses the Strait of Gibraltar from the Atlantic Ocean to the Mediterranean Sea, near the northern tip of the port of Tangier, Morocco, January 8, 2026. REUTERS/Amr Abdallah Dalsh

The International Monetary Fund has warned that in the near term, growth in Morocco would be impacted by the ongoing conflict in the Middle East.

The Executive Board of the IMF concluded last week the 2026 Article IV consultation with Morocco and completed the Mid-Term Review under the Flexible Credit Line Arrangement (FCL), which was approved on April 2, 2025.

The Staff Report issued on Monday said that real GDP growth is projected at 4.4 percent for 2026, 4.5 percent for 2027, and 4 percent over the medium term, assuming normalized agriculture production and continued infrastructure investment with greater private sector participation.

Real GDP growth in 2025 accelerated to an estimated 4.9 percent, supported by a rebound in agricultural output and a surge in large-scale infrastructure projects, the IMF said.

Nonetheless, high unemployment remains a significant challenge. Average inflation remained low at 0.8 percent, allowing Bank Al-Maghrib to maintain a neutral policy stance after earlier rate cuts.

The IMF lauded strong revenue performance that facilitated a smaller than anticipated overall fiscal deficit at 3.5 percent of GDP.

The overall fiscal deficits for 2026 and the medium term are consistent with a gradual reduction in debt to GDP to 60.5 percent by 2031.

The current account widened to 2.1 percent of GDP as imports rose with investment, partly offset by buoyant tourism.

“Sustainable job creation remains a pressing priority, and calls for a more dynamic private sector, leveling the playing field between public and private entities, and further reforms in the labor market,” the IMF said.

“Morocco continues to meet the qualification criteria for the Flexible Credit Line arrangement. Morocco has a sustained track record of implementing very strong macroeconomic policies and remains committed to maintaining such policies in the future, and continues to have very strong economic fundamentals and institutional policy frameworks. The authorities intend to continue treating the FCL arrangement as precautionary and to gradually exit it, depending on the evolution of external risks,” said IMF Deputy Managing Director and Chair Kenji Okamura.