Inauguration of Saudi Arabia-Africa Summit by Crown Prince
On behalf of King Salman bin Abdulaziz Al Saud, Crown Prince Mohammed bin Salman chaired the Saudi Arabia-Africa Summit in Riyadh. The summit marked a significant event in Saudi-African relations.
Before the Saudi Arabia-Africa Summit began, commemorative photos were taken with Crown Prince Mohammed bin Salman and participating state leaders. The summit’s official proceedings commenced with a recitation from the Holy Quran.
Crown Prince’s Opening Address
Crown Prince Mohammed bin Salman opened the summit with a speech. He welcomed attendees on behalf of King Salman and expressed wishes for the summit’s success. He condemned military aggression in Gaza and stressed the need for peace and stability.
Saudi Arabia’s Support for Africa
Saudi Arabia has contributed over $45 billion to developmental and humanitarian projects in 54 African countries. Moreover, the King Salman Relief and Humanitarian Aid Center has provided over $450 million in 46 African countries.
The Crown Prince announced the King Salman Development Initiative in Africa, exceeding $1 billion in projects over ten years.
He also mentioned future Saudi investments in Africa totaling over $25 billion, export financing of $10 billion, and an additional $5 billion in developmental funding by 2030.
Commitment to Sustainable Development
Saudi Arabia supports sustainable development and recognizes the right of nations to develop their resources and capabilities. The Kingdom is committed to energy security and sustainability and food availability for over 750 million Africans.
The Crown Prince expressed hopes for hosting Expo 2030 in Riyadh, showcasing Africa’s potential and resources. He emphasized that the summit aims to significantly enhance cooperation and partnership between Saudi Arabia and African nations.