The government through the Ministry of Investment has directed all the investors to meet the category of having initial capital of $100,000 to start investing in the country.

The ministry has said any investor below with the capital ranging below the amount is allowed to redirect the investment to state or county level.

The Undersecretary of Ministry of Investment Yel Koul challenged the investors to show the evidence before venturing into various businesses. Such credentials include bank accounts and the amount because the government can provide incentives if there are gaps.

“If you want to invest here in South Sudan, you have to show us the evidence including bank account. The environment is now conducive for the investors to come because the security situation is now good,” said Koul during the launch of the report on South Sudanese in the diaspora.

“The law of the country is also favoring the investors because the law itself promotes and encourages investors in the country,” he added.

In June 2021, the government promised an enabling environment to support foreign investors willing to cash in on the South Sudanese oil sector.

 Minister of Presidential Affairs Dr. Barnabas Marial Benjamin said the government is committed to peace implementation, and as a result, the political environment will only continue stabilizing in favor of local investment.

Dr. Barnaba mentioned the operationalization of Tarajan oil blocks, which have been idle for nearly 10 years due to conflict, as an indication of stability.

He assured the investors who are here that the transitional government of unity and President Salva Kiir has tremendous goodwill for the investors.

 In the same month, a delegation from Malawi headed by the country’s Minister of Trade, Sosten Alfred Gwengwe, came to Juba to talk about trade between the two countries.

The delegation also signed a memorandum of understanding with South Sudan’s Ministry of Trade to effect trade between the two as members of the African Continental Free Trade Area.

Malawi, an agricultural country, has a surplus of 1.2 million metric tonnes of maize ready to be offloaded outside the country, and South Sudan could be the first to receive the commodity as part of the agreement. It was not cleared up now if the development has taken place since promised in June 2021.

The Minister of Malawi Alfred said they had a surplus of beans, groundnuts, sugar, and tea. He said they would invite South Sudan to Malawi to take the petroleum products because they don’t have petroleum.