President Kiir Considers Egypt’s Bid for AU Deputy Chairperson Position

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This meeting underscores the strengthening diplomatic ties between South Sudan and Egypt, as well as their shared commitment to advancing the African Union's objectives.  President Salva Kiir's reception of Dr. Hanan Morsy's candidacy highlights South Sudan's active role in regional affairs and its support for inclusive leadership within the AU Commission. Dr. Morsy's focus on diversity, inclusivity, and global outreach aligns with the AU's vision for transformative leadership, making her candidacy significant as member states prepare for the upcoming elections in February.  The exchange of goodwill messages between President Abdel Fattah El-Sisi and President Kiir further cements the growing cooperation between the two nations.
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Government finalized USD 3 billion with Caltech Investment, to invest in South Sudan oil sector

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File: President Salva Kiir Mayardit and Caltech Investment Overseer Mr. Mohamed Malik. 


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The government has finalized a 3 billion US dollar deal with an American Oil company, Caltech Investment, to invest in the oil sector in South Sudan. 


The American- based company will partner with the government to purchase and take over the shares of the Malaysian State-own company, PETRONAS, which is now withdrawing from South Sudan's oil sector.


Unity State given seven days ultimatum to come for questioning: Unity State Finance Minister given seven days ultimatum to comply and come for questioning or face action, Unity State Parliament declared.


The leadership of the American Oil Company led by its Chief Overseer Mohammed Malik met with President Kiir in New York on Friday, marking the official entrance of the American company into the South Sudan's Oil sector.


The Minister of Finance and Planning Dr. Barnaba Bak Chol says the 3 billion US dollar agreement will give an opportunity for South Sudan to grow its oil sector.


Kiir, met with jububin in America and asked them to be good ambassadors: President Kiir met with the South Sudanese in diaspora and urged them to be patriotic and good ambassadors


Mr. Bak said 1.2 billion US dollars will be invested in the oil sector, while the rest will go for other vital infrastructure such as roads.


The Chief Overseer of Caltech Investment Mohamed Malik says the acquisition fits appropriately with the company's strategy of expanding and focusing on the delivery of 'Projects that Matter' in South Sudan and the sub Saharan region.


Kiir, pleads with the UN to lift the arms embargo in South Sudan: President Salva Kiir Mayardiit held bilateral meetings with African leaders at UNGA, New York, United States of America


The Company will partner with the government to buy the Malaysian state-owned company's entire oil and gas asset portfolio in South Sudan for a total cash consideration of up to 1.25 billion US dollars. 


The Chief Overseer of Caltech Investment Mohammed Malik said they are ready to move into South Sudan to begin formal procedures for the takeover .


The company will in the next two months deliver eight hundred million US dollars to South Sudan to kick-start the project.


Caltech Investment, is a world-renowned science and engineering Institute that marshals some of the world's brightest minds and most innovative tools to address fundamental scientific questions and pressing societal challenges.


The market valuation of Caltech Investment totals the endowment Investment portfolio increased to 4.1 billion as close of the fiscal year 2021. 

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