Saudi Arabia is pushing for debt relief for African nations burdened with more than $1 trillion in liabilities.

Al-Falih stressed the importance of joint efforts to develop the economy and investment from various companies in the Kingdom ...

While Britain, Argentina, Australia, Norway, France, New Zealand and Chile have long held territorial claims over the vast ...

Saudi Export-Import Bank signed a $25 million credit agreement with South Africa’s Standard Bank Group Ltd. to facilitate trade between the kingdom and the continent’s largest economy.

With his unmistakable influence as a voice for African development, he has consistently pushed for investments that foster sustainable development across the continent. The proponent of Africapitalism ...

United Bank for Africa Group is set to open its first presence in Saudi Arabia early next year, pending regulatory approval from the Kingdom, according ...

The New Africa Summit, held on the sidelines of the annual Future Investment Initiative (FII) in its eighth edition in Riyadh ...

Saudi budget airline flynas will add two new African destinations to its network starting in January 2025, aligning with its ...

Riyadh, Saudi Arabia: ACWA Power, the world’s largest private water desalination company, a leader in energy transition, and ...

The oil-rich kingdom is seeking to diversify its economy and is among nations that are investing in the continent. Saudi Arabia's Zahid Group is in talks to acquire Barloworld, an African distributor ...

The oil-rich kingdom is seeking to diversify its economy and is among nations that are investing in the continent. Saudi Arabia’s Zahid Group is in talks to acquire Barloworld Ltd, an African ...