Sudan, officially the Republic of the Sudan, is a country in North Africa. In 2010, Sudan was considered the 17th-fastest-growing economy [1] in the world and the rapid development of the country largely from oil profits even when facing international sanctions was noted by The New York Times in a 2006 article. [2] Because of the secession of South Sudan, which contained over 80 percent of Sudan's oilfields, the economic forecast for Sudan in 2011 and beyond is uncertain.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Air West | Consumer services | Airlines | Khartoum | 1992 | Airline |
Al Shamal Islamic Bank | Financials | Banks | Khartoum | 1983 | Islamic bank |
Azza Transport | Industrials | Delivery services | Khartoum | 1993 | Cargo airline |
Badr Airlines | Consumer services | Airlines | Khartoum | 2004 | Airline |
Bank of Khartoum | Financials | Banks | Khartoum | 1913 | Bank |
Bank of Sudan | Financials | Banks | Khartoum | 1960 | Central bank |
Blue Bird Aviation | Consumer services | Airlines | Khartoum | 1989 | Charter airline |
Greater Nile Petroleum Operating Company | Oil & gas | Exploration & production | Khartoum | 1997 | Petroleum exploration and extraction |
Green Flag Airlines | Consumer services | Airlines | Khartoum | 1992 | Airline |
Juba Air Cargo | Industrials | Delivery services | Khartoum | 1996 | Cargo airline |
Marsland Aviation | Consumer services | Airlines | Khartoum | 2001 | Airline, defunct 2013 |
Mid Airlines | Consumer services | Airlines | Khartoum | 2002 | Charter airline |
Military Industry Corporation | Industrials | Defense | Khartoum | 1993 | State-owned defense |
National Bank of Sudan | Financials | Banks | Khartoum | 1983 | Private bank |
Nova Airways | Consumer services | Airlines | Khartoum | 2000 | Passenger airline |
PetroDar | Oil & gas | Exploration & production | Khartoum | 2001 | Oil exploration and production |
Sea Ports Corporation, Sudan | Industrials | Transportation services | Port Sudan | 1974 | Port operations |
Southern Star Airlines | Consumer services | Airlines | Juba | 2011 | Airline, defunct 2011 |
Sudan Airways | Consumer services | Airlines | Khartoum | 1946 | National airline |
Sudan Khartoum Refinery Company | Oil & gas | Exploration & production | Khartoum | 1997 | Refining |
Sudani One | Telecommunications | Mobile telecommunications | Khartoum | 2009 | Mobile network |
Sudapak | Oil & gas | Exploration & production | Khartoum | 2003 [3] | Petroleum exploration and extraction |
Sudapet | Oil & gas | Exploration & production | Khartoum | 1997 | State oil |
Sudatel | Telecommunications | Fixed line telecommunications | Khartoum | 1993 [4] | Telecom |
Sun Air | Consumer services | Airlines | Khartoum | 2008 | Private airline |
Tarco Airlines | Consumer services | Airlines | Khartoum | 2009 | Airline |
White Nile Petroleum Operating Company | Oil & gas | Exploration & production | Khartoum | 2001 | Petroleum exploration and extraction |
Zain Sudan | Telecommunications | Mobile telecommunications | Khartoum | 1996 | Mobile network |
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies.
Somalia is classified by the United Nations as a least developed country, with the majority of its population being dependent on agriculture and livestock for their livelihood. The economy of Somalia is $4.918 billion by gross domestic product as of 2020. For 1994, the CIA estimated it at purchasing power parity to be approximately $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that it had grown to $5.731 billion, with a projected real growth rate of 2.6%. In 2014, the International Monetary Fund estimated economic activity to have expanded by 3.7% primarily. This expansion was driven by growth in the primary sector and the secondary sector. According to a 2007 British Chambers of Commerce report, the private sector has experienced growth, particularly in the service sector. Unlike the pre-civil war period, when most services and the industrial sector were government-run, there has been substantial, albeit unmeasured, private investment in commercial activities. The investment has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fishery equipment, airlines, telecommunications, education, health, construction and hotels.
The 'Economy of Sudan' has boomed on the back of increases in oil production, high oil prices, and large inflows of foreign direct investment until the second half of 2002. GDP growth registered more than 10% per year in 2006 and 2007. From 1997 to date, Sudan has $30.873 billion by gross domestic product as of 2019, and has been working with the International Monetary Fund (IMF) to implement macroeconomic reforms, including a managed float of the exchange rate. Sudan began exporting crude oil in the last quarter of 1999.
Schlumberger NV, doing business as SLB, also known as Schlumberger Limited, is an oilfield services company. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue.
Africa has a large quantity of natural resources, including diamonds, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, and cocoa beans, but also tropical timber and tropical fruit.
South Sudan, officially the Republic of South Sudan, is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, the Central African Republic, the Democratic Republic of the Congo, Uganda, and Kenya. Its population was estimated at 11,088,796 in 2023. Juba is the capital and largest city.
South Sudan became the world's newest country and Africa's 55th nation on 9 July 2011. The South Sudanese Civil War, which started in December 2013, undermined economic development achieved since independence, making humanitarian work difficult to conduct within the country. As such, South Sudan is facing economic stagnation and instability in its first 10 years after independence. Moreover, poverty is widespread throughout the country as a result of inter-communal conflict, displacement, and external fear.