The mining industry in Africa is witnessing unprecedented development. With US sanctions abolished, Sudan is emerging as a pivot for the world's mining industry. SIMFE is an important initiative promoting Sudan's Rich Mining Sector and presenting investors and international companies a great way to explore the huge untapped potential of the historic country.
SIMFE is an annual event which provides an excellent networking platform for Mining Companies, Service Providers, Equipment Companies and Investors to build valuable connections and explore numerous business opportunities.
SIMFE is the largest and only international mining event in Sudan hosted by Ministry of Minerals, Republic of the Sudan, which every year brings together Sudanese and global mining professionals to explore the market, introduce their brands, make new connections and create long-term partnerships. The event will continue to set up a dynamic relationship between Ministry of Minerals, Republic of the Sudan & the private sector with full cooperation from other government departments working to make Sudan a favourable & pro-business destination and a mining hub in Africa. Previous SIMFE events have been amazing with the presence of thousands of visitors, exhibitors and hundreds of foreign dignitaries attending from various countries.
Post Sanctions Era - Sudan presents an ocean of opportunities.The natural resources of Sudan include petroleum and deposits of gold, iron ore, silver, copper, tungsten, mica, chromium ore, and zinc. The mining sector plays a significant role in Sudanese economy.
SUDAN HAS EMERGED AS ONE OF THE LARGEST GOLD PRODUCERS IN THE WORLD WITH THE PRODUCTION OF 93 TONS OF GOLD IN 2018.
Sudan is pursuing a strategy of establishing itself as a hub for Arab-African trade. The decision is set to drastically improve the business environment and drive the growth of Sudan's economy.In particular, the ability to transfer funds in and out of the country, previously restricted for both US and non-US companies, is set to give a major thrust to the business as more and more banks recommence processing Sudan-linked payments.