Paris, Rajab 25, 1439, April 11, 2018, SPA -- The Kingdom of Saudi Arabia and France signed here Tuesday a memorandum of cooperation to fund projects in favor of the development needs of the African continent. The projects which cost 200 million euros to be financed jointly by the Saudi Fund for Development and the French Development Agency. The memo was signed by the Chairman of the Board of Directors of the Saudi Fund for Development Ahmed Al-Khatib, and the French side by the Minister of Foreign Affairs and International Development Jean-Pierre Ladrian, and the Executive Director of the French Development Agency Remy Rio. The signing ceremony coincided with the visit of HRH Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince, the Vice President of the Council of Ministers and Minister of Defense, to France. --SPA 01:18 LOCAL TIME 22:18 GMT www.spa.gov.sa/w664788