Energy

Saudi Arabia Scouts for Opportunities to Be Global Hydrogen Supplier

Saudi is exploring investment opportunities in South Africa to emerge as a hub for green mineral

Shabbir Khan, SME News Service

Saudi delegation is exploring investment opportunities in South Africa, to become a global supplier of hydrogen and emerge as a hub for green mineral and highly competitive manufacturing.

The Saudi delegation is visiting South African capital Pretoria to meet local investors.

One of the reasons for cooperation with South Africa is its strategic location, serving as a gateway to the entire African continent, as well as a link between the East and the West.

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South Africa is the hub for West Africa and Sub-Saharan Africa and the site for the export and trade of the Kingdom’s minerals. It also has great experience in mining, tourism, and other sectors.

The Kingdom has 14 mining sites with quantities of copper and zinc that will be auctioned after Al-Khunayqiyah and Umm Al-Damar.

There are several South African firms operating in the Kingdom, including ADL.

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