Saudi Arabia has committed to investing $3 billion in a joint fund for investments in Sudan, and to encouraging other parties to participate, Sudanese minister of Cabinet affairs Khalid Omer Yousif told Reuters on Friday.
Earlier this week, Sudan had secured a recommitment from Saudi Arabia to a $1.5 billion grant it had first announced in April 2019.
The commitments came from Crown Prince Mohammed bin Salman, Yousif said, during a visit by Sudanese Prime Minister Abdalla Hamdok and other senior officials this week, seeking to boost cooperation.
Sudan received $300 million of the 2019 grant following the removal of former President Omar al-Bashir by the military following months of protest, Yousif told Reuters.
Hamdok and his officials also visited Egypt this week, and in a joint statement on Friday the two neighbors said they had agreed to increase the capacity of their joint electrical grid to 240 megawatts for the coming summer, as well as work to connect the countries' railways.
