Sudan seeks Sh5tr in external debt relief at Paris meet

French President Emmanuel Macron (centre) walks with Sudan's Sovereign Council Chief General Abdel Fattah al-Burhan and Sudan's Prime Minister Abdalla Hamdok before a joint news conference during the International Conference in support of Sudan at the Temporary Grand Palais in Paris. [Reuters]

Sudan is seeking relief on more than $50 billion (Sh5.35 trillion) in external debt, with multilateral and bilateral creditors meeting in Paris in an effort to push the process forward.

Debt relief is a crucial step for Sudan, which sits in a volatile region between the Horn of Africa and North Africa, in its attempts to recover from a deep economic crisis and reenter the global economy after decades of isolation.