SFD funds specialized hospital in Zambia with $135m

The agreement was signed by SFD CEO Sultan bin Abdulrahman Al-Marshad and Minister of Finance and National Planning of the Republic of Zambia Situmbeko Musokotwane in a ceremony attended by Saudi Ambassador to Zambia Ali Al-Qahtani. (SPA)
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Updated 27 December 2024
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SFD funds specialized hospital in Zambia with $135m

  • The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds

RIYADH: The Saudi Fund for Development has signed an additional development loan agreement worth $35 million for the construction of the King Salman bin Abdulaziz Specialized Hospital in Zambia, raising the total SDF funding for the hospital to $135 million.

The agreement was signed by SFD CEO Sultan bin Abdulrahman Al-Marshad and Minister of Finance and National Planning of the Republic of Zambia Situmbeko Musokotwane in a ceremony attended by Saudi Ambassador to Zambia Ali Al-Qahtani, the Saudi Press Agency reported Friday.

The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds in an area of over 200,000 square meters.

The facility will contribute to enhancing specialized healthcare, providing healthcare training, and improving the standards of health services in Zambia, ultimately alleviating financial pressures on beneficiaries.

Al-Marshad, accompanied by Musokotwane and Al-Qahtani, visited the hospital project site to observe the ongoing construction.

Since 1978, the SFD has supported Zambia with over $170 million in financing for various development projects and programs across essential sectors, aimed at fostering social growth and economic prosperity.

The SFD was established to advance sustainable economic development in the world’s least developed countries by leveraging the Kingdom’s resources to provide financial, technical and human support to meet the needs of its partners.


Saudi aid agency launches food distribution projects in Djibouti and Guinea

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Saudi aid agency launches food distribution projects in Djibouti and Guinea

  • Projects to benefit 40,000 individuals across Djibouti and 50,000 in Guinea
  • KSrelief's aid programs have reached a total of 113 countries across four continents

RIYADH: The King Salman Humanitarian Aid and Relief Center (KSrelief) has launched its 2026 food distribution projects in the African republics of Djibouti and Guinea.

The initiatives are part of Saudi Arabia’s broader humanitarian relief efforts to enhance global food security for vulnerable populations, according to statements carried by the Saudi Press Agency (SPA).

In Djibouti, Saudi Ambassador Mutrek Al-Ajaleen and other local officials rolled out the fifth phase of the year’s project. It consists of 6,715 baskets of essential food items designed to support 40,000 individuals across multiple regions of the country.

In Guinea, Saudi Ambassador Dr. Fahad Al-Rashidi led the launch ceremony for a similar initiative. Under this project, 8,400 food baskets will be distributed, benefiting 50,000 people nationwide.

Since its establishment in 2015, KSrelief has served as Saudi Arabia's primary humanitarian arm, making food security one of its largest and most critical operational sectors. According to the center's official statistics, KSrelief has implemented over 1,150 dedicated food security projects at a total cost of more than $2.2 billion.

These specific food distribution initiatives have successfully delivered vital sustenance to vulnerable populations in 86 countries worldwide. Broadening the scope beyond just food security, KSrelief's overall humanitarian and development aid programs have reached a total of 113 countries across four continents.