Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]
Russia is intensifying efforts to boost its presence in Africa through expanded military and economic partnerships, even as its actual investments on the continent continue to lag behind lofty geopolitical ambitions. Kremlin spokesman Dmitry Peskov confirmed this week that Russia’s presence in Africa is “growing,” with new emphasis on “sensitive areas such as defense and […]
The three sisters of King Mohammed VI, Princesses Lalla Meryem, Lalla Asmae and Lalla Hasnaa, were guests to a luncheon hosted in their honor by France’s First Lady Brigitte Macron at the Elysée on Monday. The official statement announcing the news pointed out that “This luncheon is part of the continuity of the historic friendship […]
