Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz signed on Thursday five memorandums of understanding with a number of African countries, including Ethiopia, Senegal, Chad, Nigeria, and Rwanda.
The MoUs, which were signed during the Saudi-Arab-African Economic Conference, held in Riyadh, included cooperation in various fields of energy.
The memorandum of understanding signed between the Kingdom and Rwanda aims to implement the initiatives of the oil demand sustainability program, raise the economic and environmental efficiency of gas and oil, focus on innovation and environmental friendliness, enhance integration between the petroleum and petrochemical industries, develop demand for hydrocarbon resources and achieve the goals of the 'Middle East Green Initiative'.
The memorandum is a practical implementation of the Kingdom's 'Empowering Africa Initiative,' which was launched last month during the Middle East and North Africa Climate Week in Riyadh, and which aims to assist African countries in meeting the challenges of obtaining reliable and sustainable energy supplies at the most affordable costs, while reducing greenhouse gas emissions and pollution, and improving human health and well-being.
