Saudi Development Fund Lends Yemen $50Mn For Power Projects
The SaudiDevelopment Fund (SDF) has approved a loan of $50mn to Yemen to finance twoelectricity projects, according to the official Yemeni news agency Saba. The loan, which will be signed on11 September, will be used to construct two 60mw power stations in Sana'a and'Aden. Talks are continuing between Yemen and the SDF regarding the possibilityof a further $300mn worth of loans, according to...
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