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· Saudi Arabia is increasing its trade ties with African nations, promoting bilateral trade agreements and supporting the development of Africa’s free trade zones. The Kingdom is also offering financial assistance and credit lines, enabling African countries to invest in infrastructure projects and boost their economic development.
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Leading Enabler of Saudi Arabia and African Trade Empowering African Traders on The Global Stage OUR MISSION Our main mission is to provide you the best support in realisation of your international projects and inter-trade in the Arabian Peninsula and Gulf Region. WHO WE ARE We are the leading provider of inter-trade solutions, enabling the.
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· Saudi Arabia has launched a mining fund that plans to invest up to $15bn of capital in overseas assets according to people familiar with the details, as the country works to reduce its dependence
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· Leading Saudi conglomerate Al-Rushaid Group has inked partnership agreements with four international private firms specialising in mining services, drilling technology solutions, industrial auctions, and geotechnical
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· East Africa may be in pole position to secure part of the $15bn earmarked by Saudi Arabia for critical minerals mining. Saudi Arabia is aiming to invest in mapping, exploration and production of critical minerals in East Africa, Alawi Swabury, CEO of the Africa Battery Initiative (ABI), tells The Africa Report.
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· Manara Minerals, a Saudi state-backed mining investment fund, would buy stakes in mining assets worth $15 billion throughout Africa, in a tie-up that would permit US companies to have rights to
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· AFC’s solutions-first approach has produced an investment track record of US$12.7 billion in projects across 36 African countries that combine impact-at-scale with superior risk-adjusted returns. AFC’s community of sovereign member nations has now expanded to span three-quarters of African countries. Backed by the continent’s third
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· Saudi Arabia is looking to buy $15bn (SR56.25bn) worth of mining assets in African countries such as the Democratic Republic of Congo, Guinea and Namibia, boosting the US’ attempt to curb China’s role in the global race for cobalt, lithium and other metals processed into batteries used in electric cars, laptops and smartphones.
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· Saudi Arabia expands mining ambitions in Africa. Driven by a plan to diversify its economy the Kingdom of Saudi Arabia (KSA) is aggressively developing their own mineral resources sector. They have also turned their gaze towards the mineral-rich continent of Africa. By Dr Nicolaas C Steenkamp.
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: Arab News · Saudi Arabia’s ambitions come at a time when several African countries are exploring ways to process minerals at home, thereby capturing more of their raw economic value and benefiting from the global green transition.
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