South Sudan is set to receive a $13 billion loan from a UAE firm in exchange for cheap oil prices.
The deal will allow the Dubai company to access oil at a discounted price for up to 20 years, with South Sudan receiving $10 less per barrel than the global price.
This is one of the largest oil-for-cash deals in history, and the United Nations is paying close attention to it.
Source:Mybrytfmonline.com