During the China-Africa forum, Chinese leader Xi Jinping pledged over $50 billion in financing for Africa over the next three years, highlighting the deepening cooperation in infrastructure and trade between the two regions. More than 50 African leaders and U.N. Secretary General Antonio Guterres attended the summit, where various deals were secured, ranging from infrastructure to energy cooperation.
Xi Jinping emphasized the strong ties between China and Africa, signaling a new era of collaboration in industry, agriculture, and investment. The Chinese government committed to providing financial support totaling $50.7 billion, with a focus on creating job opportunities and promoting development in Africa.
China’s role as Africa’s largest trading partner has been pivotal in driving economic growth and development on the continent. The forum saw a flurry of agreements and pledges, including investments in renewable energy projects, transportation infrastructure, and agricultural exports.
The summit showcased the growing partnership between China and African nations, signaling a new chapter in their relationship with a focus on sustainable development and mutual prosperity.
© 2024 AFP