A relatively unknown Dubai-based company is currently eyeing a $12.9 billion oil-for-cash deal with South Sudan. The company seeks to lend the country $12.9 billion in exchange for repayment in oil over the next 20 years.
Executive Director, Sahara Group, Tope Shonubi has said the energy conglomerate remained resolute in its decision to contribute to the growth and development of South Sudan's economy through investment in the oil and power sectors of the world's youngest democracy.
