Saudi Fund For Development signs $47m deal to finance development project in Senegal

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RIYADH: The Saudi Fund for Development has signed an agreement to finance a development project worth $47 million in Senegal.

The project involves the rehabilitation and asphalting of a 62-km Or?fond?-Nguidjilone road, the Saudi Press Agency reported.

The project will be carried out in accordance with the standards approved by the West African Economic and Monetary Union.

Since 1977, the SFD has provided finance worth $384 million to 25 development programs in different countries.