refundable aid amounted to 30 billion US dollars, while loans which were exempted from these countries amounted to six billion US dollars at a time the Saudi Development Fund presented six billion dollars in soft relief loans for financing (345) relief projects and programs in (44) African countries in health, education, social, housing and infrastructure sector. In his statement to SPA, Tayyib explained that the Kingdom has signed (seven) development agreements, at a total value of $ 500,000,000 with the African side, along with contributions to the establishment of several financial institutions with the amount of one billion US dollars, such as Arab Bank for Economic Development in Africa (ABEDA) and African Development Fund (ADF), noting that the Kingdom is the largest shareholder in this regard.
