Sudan signs basic export credit deal with Belarus to finance agriculture, infrastructure

October 2, 2026 (MINSK) – Sudan and Belarus on Friday signed the second phase of a bilateral export financing pact designed to fund major agricultural and infrastructure projects, Sudan’s finance ministry said.

The accord, known as the “Basic Agreement,” was signed at the Development Bank of the Republic of Belarus headquarters in Minsk, following an initial framework agreement signed in May to supply Belarusian goods and services on credit.

Under the first tranche of the facility, the Belarusian state lender will extend more than $100 million in export credits to Sudan. The funds are earmarked for building 17 grain storage silos and establishing a domestic assembly line for Belarusian tractors.

The agreement allows Sudan to secure equipment, machinery, and services backed by the Belarusian government under deferred payment structures or targeted commercial export loans.

Sudanese delegates also proposed a revolving credit facility based on profit-sharing mechanisms to help finance and secure strategic commodities, a proposal the Belarusian bank agreed to evaluate.

The talks in Minsk covered prospective financing for urban transport bus fleets, railway modernization, and establishing direct interbank correspondent channels to facilitate bilateral settlements and commercial investment flows.

Sudan is seeking to diversify external financing sources to revive battered agricultural, transport, and industrial sectors, while Minsk is expanding export-driven trade links across selected African markets.

Bilateral trade between the two countries stood at roughly $40 million, according to the ministry’s latest official figures.