Saudi Arabia hosted an African economic conference, as the Kingdom aims to expand its investments in the continent. Agreements and MOUs worth an estimated 50 billion U.S. dollars were signed […]
Saudi Arabia aims to invest over $25 bln in Africa: Crown Prince
In his opening speech, Crown Prince said that Saudi Arabia is planning new investments of over $25 billion in various sectors, secure $10 billion from exports and provide a development finance of more than $5 billion to Africa until 2030.