Africa
China will provide $60 billion in financial support to Africa, President Xi Jinping said on Monday at the opening of a major China-Africa summit.
The support will be provided in the form of government assistance as well as investment and financing by financial institutions and companies, Xi said in a speech carried live on state television.
China will also expand its imports from Africa, especially for non-resources products, and will facilitate African financial institutions’ bond issuances in China, Xi added.
01:01
China and Gabon boost ties during Oligui Nguema's state visit to Beijing
02:16
Refugee team competes at Senegal’s first Youth Olympics
Go to video
Who benefits more from the Russia - Africa partnership? (Africanews Debates )
00:51
Nigeria's Dangote looks to expand IPO access to exchanges across Africa
01:49
Global travel could hit record levels despite wars and rising fuel costs
Go to video
What Europe can learn from Africa’s mobile banking success