Stepping up their support for African partner countries ahead of the crucial COP28 climate change conference, the Arab Coordination Group (ACG) announced today that it aims to allocate up to […]
Saudi Arabia signs $50 billion in investment deals with several African nations
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.