Image 1 of 1
Khartoum 16.JPG
Dr Adul-Rahim Hamdi pictured in the Khartoum, Sudan, on Wednesday, Apr. 4, 2007. Dr Hamdi is one of the most influential men in Khartoum. In the 70's and 80's he founded 4 Sudanese banks and in 2004 set up the Khartoum stock exchange. After his coup in 1989 President Omar al-Bashir turned to Dr Hamdi to rescue the economy..Khartoum is modeling itself as the Dubai of Africa and despite Western sanctions the city is booming. Away from the troubles and poverty that plaque the rest of Sudan, development in Khartoum is moving at an astonishing rate. Investment from the East, and in particular China, allowed the Sudanese economy to grow by 11% in 2007. This growth is driven largely by oil, with production rising from 63,000 barrels per day in 1999 to over 500,000 barrels today.