African Development Bank and Saudi Institutions Deepen Partnership to Boost Investments in Africa
Cote Dlvoire, Oct. 14 -- The African Development Bank Group and the Kingdom of Saudi Arabia have agreed to strengthen their partnership to accelerate investment across Africa's key growth sectors, following high-level talks in Washington. On Monday, Bank Group President Dr Sidi Ould Tah met separately with Saudi Export-Import Bank (Saudi EXIM) Chief Executive Saad Alkhalb and Saudi Fund for Development (SFD) Chief Executive Sultan Abdulrahman Al-Marshad on the sidelines of the 2025 World Bank and International Monetary Fund Annual Meetings. Discussions focused on expanding co-investment in renewable energy, trade infrastructure, and social development, including affordable housing. Both sides described the meetings as marking a new chapter ...
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