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Eastern Africa

Saudi Fund Provides US$25 Million For Seychelles Projects

The funding will support social housing and a school project. 

October 3, 2023

By Sneha Abraham
The Saudi Fund for Development (SFD) has signed loan agreements worth US$25 million for the construction of social housing and the reconstruction of a school in the Seychelles. Signed on 29 September, the first development loan worth US$15 million will finance the construction of 172 low-income housing units in seven districts between 2024

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