03 April 2024

Zain Sudan generated US$558 million of revenue in the 2023 financial year, a 14% increase over the company’s 2022 revenue.

In 2023, Zain Sudan recorded earnings before interest, taxes, depreciation and amortisation (EBITDA) of $269 million, up 7% with a margin of 48%. Net income for the financial year reached $216 million. This performance is mainly attributed to data services, whose revenues increased by 22% year-over-year. Revenues from data services also represented 35% of Zain Sudan’s total turnover.

Ongoing conflict in Sudan has significantly affected the activities of telecom operators who have suffered service interruptions on several occasions.

In 2023, Zain Sudan recorded a loss in value of SDG 25.5 billion on its goods and equipment, as well as a provision for depreciation of its inventories of 2.3 billion SDG.

Access to goods and equipment worth SDG 4.57 billion is currently restricted due to insecurity. However, the company has assured that these losses are fully covered by insurance, and it has already filed a request for provisional compensation of $47.9 million from the insurer.