FOLLOWING the feet kissing and blessing of South Sudanese leaders by Pope Francis, Sahara Energy Resources DMCC, Dubai, has extended a $600 million facility to help boost hope for peace in the country.
Pope Francis recently kissed the feet of President Salva Kiir Mayardit and Vice Presidents-designate Riek Machar and Rebecca Nyandeng de Mabior during a “spiritual retreat” at the Vatican, urging them to “remain in peace”.
The $600 million facility provided by Sahara Energy DMCC, a member of the leading energy and infrastructure conglomerate, Sahara Group, is expected to support the peace process and facilitate sustained economic growth and development in South Sudan.
Speaking at a meeting with President Kiir in South Sudan, Executive Director, Sahara Group, Temitope Shonubi said: “Sahara Group is passionate about spearheading sustainable development in Africa and remains unwavering in its resolve to support peace and trade integration on the continent to promote shared prosperity.
“Following the end of the conflict and the reconciliatory efforts made by leaders of the country, we are delighted to partner with the government and people of South Sudan as well as support regional and global initiatives geared towards transforming the nation. Sahara Group has consistently advocated increased commitment to intra-Africa interventions through collaboration of all stakeholders. This, for us at Sahara, enhances the cause of giving wings to the aspirations of the continent’s over 1.2 billion people.”
Shonubi had during the 2019 African Refiners Association (ARA) meeting in Cape Town reiterated the urgent need for intra-regional trade in Africa and the commitment of Sahara Group to promote the cause.
He told delegates at the meeting that Sahara Group, in keeping with its vision of a harmonized Africa, was building an integrated energy business across Africa to harness the potential of intra-regional trade.
“We are delighted to be one of the first African companies to carry out full cycle crude and product trade transactions using only African resources within the continent. All transactions were carried out by Africans for Africans using African resources. The future of our business depends on how well we can work together across Africa,” Shonubi told the gathering of the continent’s leading energy sector players.