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Saudi Arabia continues inroads into Africa with Guinea water project

The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology.
His Excellency Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development, today signed a memorandum of understanding in Guinea Conakry with His Excellency Moussa Cissé.

Saudi Arabia has announced another project on the African continent. 

The governmental Saudi Fund for Development signed a memorandum of understanding with the Republic of Guinea's Ministry of Economy pertaining to an $8 million grant for a water project. The money will go toward drilling approximately 140 wells, some of which will be equipped with solar-powered water pumps. It will also fund water tanks. The purpose of the grant is to alleviate the effects of drought in rural parts of Guinea, according to a Sunday press release from the fund. 

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