Thursday, March 28, 2024

Sahel nations to receive €100 million Saudi aid

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Isaac Kaledzi
Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.

Nations within the Sahel region are to receive a €100 million aid from Saudi Arabia.

The Arab nation announced the support on Thursday, according to the state-run Saudi Press Agency.

The aid will cover priority investment programs in Africa’s Sahel region which includes Burkina Faso, Chad, Mali and Niger.

According to Saudi Press Agency, the Saudi State minister for African Affairs Ahmed Qattan made the announcement at a donors meeting.

The meeting was held for the Sahel nations in the Mauritanian capital Nouakchott.

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Saudi Arabia continues to widen its investments in Africa committing to supporting some of the countries on the continent.

This year Saudi Arabia and Egypt set up a $10 billion joint fund to develop a planned mega-city, committing more than 1,000 square kilometres in the south Sinai.

The Crown Prince Mohammed bin Salman in the past weeks has also been touring parts of north Africa to strengthen economic ties there.

 

 

Source: Africafeeds.com

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