Kenya: Saudi Fund for Development and FIFA Join Forces to Provide Financial Support for Sports Infrastructure in Developing Nations

November 24, 2025
[Capital FM] Nairobi -- Unlocking the potential of sports to drive economic and social development, the Saudi Fund for Development (SFD) and FIFA have signed a Memorandum of Understanding (MoU) to allocate up to Ksh 129 billion (USD 1 billion) in concessional loans for the construction and rehabilitation of sports stadiums and essential surrounding infrastructure in developing countries around the world.

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