China pledges $60 billion of financial assistance to Africa

China has pledged $60 billion of financial assistance to Africa bolster industry, counter hunger, and enhance security in the continent. It was announced by Chinese President Xi Jinping in his inaugural address at third Forum on China-Africa Cooperation (FOCAC) held in Beijing. FOCAC is an official forum between China and all states in Africa (except ..

Month: Current Affairs - September, 2018

Topics: Africa • China • China-Africa • economic cooperation • International • Security