RIYADH: Deputy CEO of Saudi Fund for Development (SFD) Eng. Faisal Al-Qahtani has met Senior Adviser to the President of Benin, Dr. Zul-Kifl Salami and discussed strategies for strengthening bilateral cooperation, the Saudi Press Agency Reported (SPA) on Thursday.
The SPA said the meeting was held at the SFD’s headquarters in Riyadh. During the meeting, they discussed the SFD’s financed projects in Benin and strategies for strengthening cooperation.
Since 2008, the SFD has given soft loans to finance six development projects and programs in Benin worth $105 million in the sectors of education, health, communications, transport, energy, and others.
The Kingdom of Saudi Arabia has allocated two grants to Benin, worth $8 million, to support water security, provide water resources, and reduce the impact of drought.
The project will be implemented through the Saudi program for drilling wells and rural development in Africa.
