2023-11-10 14:03:44
Riyadh: Saudi Crown Prince Amir Mohammed bin Salman has announced a development project worth 100 million dollars in African countries. At the Saudi-African summit held in Riyadh on Friday, a huge development plan to be completed in the next 10 years was announced in Africa under the auspices of King Salman. The Crown Prince emphasized Saudi Arabia’s commitment to enhance cooperation and develop relations with African countries at various levels. He also stated that this commitment aims to contribute to the establishment of security and peace in the region and around the world.
African heads of state who participated in the summit with the Saudi crown prince
Apart from this, Saudi Arabia has plans to invest more than 25 billion dollars in various sectors in Africa. Saudi Arabia will provide 10 billion dollars in financing and insurance for exports from there. The Crown Prince also stated that five billion dollars in additional development funding will be provided to Africa until 2030.
He also explained Saudi Arabia’s plan to expand its diplomatic presence in Africa. The number of Saudi embassies on the mainland has been increased to 40. The Crown Prince also stated that Saudi Arabia has so far provided $4.5 billion to support development and humanitarian projects in 54 African countries. He added that Saudi Arabia is dedicatedly supporting the most innovative solutions to solve the debt of African countries and that the respective countries have the right to develop their own resources and capabilities and stand by it.
Emir Mohammed bin Salman condemned the military attacks targeting civilians in the Gaza Strip and called for an immediate end to the ongoing violations by the Israeli occupiers once morest international humanitarian law.
The Crown Prince added that we aim to host the World Expo 2030 in Riyadh and it will be an unprecedented and extraordinary edition that will contribute to imagining the future.
1699627011
#SaudiAfrican #summit #Riyadh #Saudi #Arabias #billion #development #plan #Africa
