The group has been a longstanding supporter of African partner countries and has cumulatively invested over US$220 billion in the region to date.

“We reaffirm our commitment to supporting the sustainable development of countries in Africa,” the statement reads.

The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance.

Current members are the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Arab Fund for Economic and Social Development, the Arab Gulf Program for Development, the Arab Monetary Fund, the Islamic Development Bank, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Qatar Fund for Development and the Saudi Fund for Development.

“We reaffirm our commitment to supporting the sustainable development of countries in Africa,” the statement reads

The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance.

Current members are the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Arab Fund for Economic and Social Development, the Arab Gulf Program for Development, the Arab Monetary Fund, the Islamic Development Bank, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Qatar Fund for Development and the Saudi Fund for Development.