China Announces 60 Billion Dollars Financing For Africa - Investment - Nairaland
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| China Announces 60 Billion Dollars Financing For Africa by Erazzor(m): 12:23pm On Sep 03, 2018 |
China will extend a total of 60 billion U.S. dollars of financing to Africa, Chinese President Xi Jinping announced Monday. The financing will be provided in the form of government assistance as well as investment and financing by financial institutions and companies, Xi said in a keynote speech at the opening ceremony of the 2018 Beijing Summit of the Forum on China-Africa Cooperation. He also said that China will exempt certain African countries from outstanding debts incurred in the form of interest-free Chinese government loans due by the end of 2018. For more info, kindly visit : https://www.erazzor.com/china-announces-60-billion-dollars-financing-for-africa/
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