Africa
800+ development projects have been funded by SFD since inception
The deal aims to enhance electricity system reliability through knowledge exchange and partnership
According to experts, the Kingdom is the region's fastest-growing IT market
Sustained oil output, growing non-oil investments key to healthy economy
Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint
OPEC believes that the oil industry will need approximately $11.1 trillion by 2045
The initiative seeks to advance tech sectors in the Middle East and Africa
The collaborative agreement seeks to advance cutting-edge AI research
Mobility and sustainability at the core of its operations
Acquisition is subject to customary conditions and approvals
Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Operation to commence by Q2 2026
Kingdom to host the Future Minerals Forum in January, 2024
