(ABU DHABI) – The Central Bank of the United Arab Emirates has completed a 20 day specialist training programme for employees of the Bank of South Sudan, aimed at strengthening the institution’s operational and supervisory capacity. The training was delivered in cooperation with the Emirates Institute of Finance under an existing memorandum of understanding between the two central banks.
The programme, titled Integrated Program on Cybersecurity, Payments and Supervision, included twenty staff members from the Central Bank of South Sudan. The focus was on improving technical skills, enhancing oversight practices, and supporting alignment with international standards in banking regulation and financial stability.
The training covered four main fields, including payment systems, cybersecurity, cloud governance and risk based supervision. These areas are increasingly central to modern banking practice as financial institutions adopt digital platforms and electronic payment channels.
During the visit, the South Sudanese delegation met with various departments at the Central Bank of the UAE. These visits included sessions on monetary policy management, financial stability frameworks and ongoing work around central bank digital currency development. Participants received practical demonstrations of how digital transformation is being applied across key financial services in the UAE.
The programme was supported by major international partners including Visa, Amazon Web Services, Fitch Learning and EC-Council. These organisations contributed to specialist sessions, providing examples of how global financial institutions are responding to cybersecurity threats and rapid changes in payment technology.
Marwan Al Muhairi, the General Manager of the Emirates Institute of Finance, said the initiative reflects the institution’s interest in promoting shared knowledge and professional cooperation across the region. He noted that skill development and collaboration are important in supporting innovation and improving financial sector performance.
For South Sudan, the training comes at a time when the banking system is working to stabilise currency conditions, improve digital payment infrastructure, and build confidence in financial institutions. High inflation rates in South Sudan, estimated in recent months at well over 100 percent, have put pressure on household finances and business operations. Strengthening banking operations, supervision practices and secure payment systems is seen as a foundation for improving financial stability.
UAE Expands Support to South Sudan Finance Sector
| Details | |
|---|---|
| Location of Training | Abu Dhabi, United Arab Emirates |
| Organisers | Central Bank of the UAE and Emirates Institute of Finance |
| Participating Institution | Bank of South Sudan |
| Duration | 20 days |
| Number of Participants | 20 Central Bank of South Sudan staff |
| Programme Title | Integrated Program on Cybersecurity, Payments and Supervision |
| Main Training Focus Areas | – Payment Systems – Cybersecurity – Cloud Governance – Risk Based Supervision |
| Additional Exposure | Visits to CBUAE departments to observe monetary policy, financial stability, and digital currency development |
| International Partners Involved | Visa, Amazon Web Services, Fitch Learning, EC-Council |
| Main Goal | Strengthen institutional capacity and support the adoption of international best practices in central banking |
| Expected Outcome for South Sudan | Improved supervision, secure payments infrastructure, and support for financial sector reform |
Future cooperation between the two institutions is expected to include technical support, exchange visits and ongoing capacity building in financial regulation and digital financial services development. The Central Bank of South Sudan is expected to continue sending staff to international training programmes as part of its strategy to modernise the country’s financial system and support broader economic growth.
