CHINA OFFERING US$60bn IN FINANCING FOR AFRICA
China to support African development with US$60 billion China president Xi Jinping yesterday said the Chinese government will be financing Africa with US$60 billion. He added that Chinese companies will also invest at least US$10 billion over the next three years. He made this statement at the opening ceremony of the African leaders summit in Beijing. Mr. Jinping said the fund will support developments that Africans can see and touch. The developments/projects will also be green and…
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