Riyadh, January 11, 2024, 

The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, received today at the SFD’s headquarters in Riyadh Sierra Leone Presidential Advisor on Economic and Financial Policy Joe Demby, along with his accompanying delegation.

The two sides discussed mutual interests and development projects presented by the SFD. These projects aim to contribute to achieving sustainable development in the Republic of Sierra Leone. To finance six development projects and programs, the SDF has granted seven concessional loans, amounting to more than $108 million. Additionally, the Kingdom of Saudi Arabia has granted funds to the Saudi Well Drilling and Rural Development Program in Africa with a contribution of $5 million for the fifth phase in Sierra Leone.