Saudi Arabia, South Africa sign $15bn agreements, MoUs – Saudi state news agency

Saudi Arabia and South Africa has signed agreements and memorandums of understanding worth about $15 billion during a state visit by South Africa’s president to Riyadh, Saudi state news agency SPA reported on Monday.

There were no immediate details about the signed deals.

Both countries agreed to explore investment sectors and opportunities in areas of common interest, especially renewable energy, industry, mining, tourism, logistics and agriculture.