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Saudi Arabia Signs US$533 Million Of Loans For Africa

A total of 14 loan agreements signed with 12 countries.


By Sneha Abraham
The Saudi Fund for Development (SFD) has signed 14 loan agreements worth a total of more than SR2 billion (US$533 million) with 12 African ministers to fund projects in the healthcare, water, education and transport sectors. The development agreements were inked at the Saudi-Arab-African Economic Forum in Riyadh on 9 November. The

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