China offers $8 billion loan to South Sudan
China has offered $8 billion in loan to South Sudan to fund a broad range of infrastructure projects over the next 2 years. The funds would be used to build roads, bridges and telecom network. China wants to maintain good relations both with Sudan, its established friend and with the South Sudan which became independent in 2011.
Topics: Africa • Countries • Current Affairs – July, 2015 • Federal republics • Geography of Africa • Least developed countries • Member states of the African Union • Member states of the United Nations • Outline of South Sudan • South Sudan • Sudan