Sudan Justice Ministry: Officials Discuss Draft Investment Act

In Sudan, on a recent Sunday, Minister of Justice Dr. Abdullah Dirif and National Investment Authority Secretary-General Ahlam Madani Sabil met in Khartoum to discuss and refine a draft Investment Act aimed at strengthening the legal framework for investment and addressing jurisdictional overlaps.

During the meeting, Secretary-General Sabil briefed Minister Dirif on the latest draft of the Investment Act and the National Investment Authority's organizational structure. She emphasized the critical need for enhanced coordination between the Authority and the Ministry of Justice to cultivate a legal environment conducive to investment. Sabil presented a detailed overview of the draft law, advocating for its thorough review and refinement to close potential legal gaps, particularly those arising from overlapping jurisdictions with state-level laws. She also stressed the necessity of providing investors with stronger guarantees, asserting that the nation's reconstruction and rebuilding phase demands a more flexible, robust, and internationally competitive investment law. Both parties concluded the meeting by agreeing to continue their collaborative efforts on drafting a new investment act that aligns with Sudan's national ambitions to attract significant investment.

This development carries substantial legal significance for practitioners, businesses, and the public in Sudan, signaling a high-level commitment to reforming and modernizing the country's investment legal framework. For both domestic and international investors, a clear, robust, and competitive investment law is paramount for mitigating risks, ensuring legal security, and fostering predictable operational conditions. The explicit focus on resolving