British International Investment Allocates $50 million for DAL, Invictus Trading

The British International Investment Corporation (BII), the Financial Corporation for Development in the United Kingdom (DFI), and the leading investment corporation in Britain, announced that it allocated investment worth 50 million dollars  in Invictus for Trading Company, and the main partner responsible for import operations in DAL.

The British International Investment Corporation (BII)  issued, today a press release stating that the primary goal of these investments is to enable the “DAL. Group” to provide basic foods during periods of turmoil that may affect global markets, or when facing challenges at the level of supply chains, or due to climate changes that threatens food security in an unprecedented manner in Sudan.

The British ambassador to Sudan , Giles Lever said ‘’I am pleased with the success of the British International Investment Corporation, (BII), the Financial Corporation for Development in the United Kingdom, in pumping its first investments in the Republic of Sudan and believes in the importance of this investment in maintaining the continuity of the business of one of the most important economic sectors during these exceptional circumstances in addition to its role in highlighting the UK’s continuous commitment to support the Sudanese people, and ensuring social and economic stability in Sudan”.

This investment in a local African company according to the British Ambassador embodies the goal of the British International Investment Corporation (BII) to support local companies contributing to enhancing economic development.

Head of the Corporate Office at the British International Investment Corporation

Richard Palmer said, “We are pleased to provide support to “Invictus Trading”and “DAL. Group  and enabling them to improve the level of basic food supplies for the people of Sudan, coinciding with the continued climate change and the escalation of the Ukrainian crisis and their impact on economic growth levels and disrupting supply chains.

On his part Osama Dawood Abdel Latif, Chairman of the Invictus Investment Company and DAL Group said, “This financing provided by the British International Investment Corporation (BII) is of exceptional importance due to its role in providing sustainable food supplies in addition to highlighting our long -term historical efforts to ensure food security for the people of Sudan, and contribute to creating a real and permanent positive impact through the societies in which we work.