The Dilemma of Corporate Governance and Business Ethics in Sudan

Photo Credit: CIPE

Decades of conflict, civil war, and the secession of South Sudan in 2011, combined with the slump in global oil prices, have had a profound effect on Sudan’s economy and developmental progress. As the country attempts to emerge from conflict and integrate into the global economy following the lifting of sanctions, it must continue to navigate institutional challenges and steady itself in the aftermath of multiple economic shocks. With reduced international investment and a private sector that faces complex obstacles, fighting corruption is paramount to a successful transition and an imperative for future growth.

To this end, CIPE and its local partner, Al Oula, launched an anti-corruption initiative to support the private sector in mitigating corruption at the firm level while engaging in advocacy to promote transparency and limit opportunities for illicit behavior. Dirdeiry M. Ahmed, Ph.D., a passionate advocate for effective, sustainable development in Sudan, delivered a speech at the initiative’s inaugural summit to call attention to the challenges facing the business community in Sudan. We are sharing his speech now in honor of the United Nations’ International Anti-Corruption Day on December 9.

Ahmed’s speech traces the historical socio-cultural dynamics that continue to plague the growth of the local economy, the adoption of business ethics, and effective corporate governance in Sudan. It also acknowledges the progress made and makes recommendations for achieving inclusive, private sector-led economic development and stability going forward. Read the article based on Ahmed’s speech.

Lola Adekanye is CIPE’s Anti-Corruption Program Officer based in Lagos, Nigeria.