South Sudan, Kenya Central Banks Set New Collaboration Agenda
By: Daniel Mareng Wek Magok
Nairobi, August 1, 2025 — The Governors of the Central Bank of South Sudan, Dr. Addis Ababa Othow, and the Central Bank of Kenya, Dr. Kamau Thugge, met in Nairobi to strengthen bilateral ties.
During the meeting, they agreed to review their 2012 Memorandum of Understanding (MoU) to include support in currency reform, banking supervision, digital payment strategies, and capacity building for anti-money laundering and combating the financing of terrorism.
A technical needs assessment will be shared in the coming weeks, with a timeline and benchmarks set for implementation.
Dr. Othow stated, “Technical support in currency reform, banking supervision, digital payments, and AML/CFT is essential to strengthening financial system.”
The meeting was also attended by David Manyuon Nak, Director General for Administration and Human Resources at the Bank of South Sudan, and Prof. Robert Mudida, Director of Research at the Central Bank of Kenya.