Our outlook for Sudan has changed for the worse from both a security and economic standpoint, which bodes ill for its autos sector. We hold a relatively more positive outlook for the autos market in South Sudan, thanks to its huge oil reserves, expanding population, large amount of arable land and proposed integration with other East African nations. Renewed tension between Sudan and South Sudan has brought to fore the risk that we have long been highlighting about operating these markets. Following the incursion by the South Sudanese military into Heglig, the alleged bombings of Sudan’s military into South Sudanese …
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