The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh.
Saudi Minister of Finance Mohammed al-Jadaan gestures during an interview with Reuters at the Ministry of Finance in Riyadh, Saudi Arabia, December 12, 2021. Picture taken December 12, 2021. REUTERS/Ahmed Yosri/File Photo/File PhotoRIYADH, Nov 9 -
"We are working with partners to support Ghana and other countries regarding their debt," Jadaan added. Saudi Investment Minister Khalid Al-Falih later said at the same conference the kingdom's over $700 billion wealth fund, the Public Investment Fund, will make some "game changing" investments in Africa.
Saudi Energy Minister Prince Abdulaziz bin Salman, also at the conference, signed preliminary agreements with African countries including Nigeria, Senegal, Chad and Ethiopia on energy-related cooperation.Chinese carrier China Southern Airlines said on Thursday it would honor the sale of tickets priced as cheaply as $1.30 during a two-hour technical glitch on its mobile phone app and some ticket-booking platforms late on Wednesday.
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