BEIJING: Chinese President Xi Jinping on Thursday (Sep 5) pledged US$51 billion in fresh financing to Africa, support for 30 infrastructure projects across the resource-rich continent, and promised to create at least 1 million jobs.
China’s President Xi Jinping and African leaders stand for a group photo during the Forum China-Africa Cooperation summit at the Great Hall of the People in Beijing on Sep 5, 2024. BEIJING: Chinese President Xi Jinping on Thursday pledged US$51 billion in fresh financing to Africa, support for 30 infrastructure projects across the resource-rich continent, and promised to create at least 1 million jobs.
The Forum on China-Africa Cooperation Summit, held in Beijing this year, sets a three-year agenda for ties between the world's second-largest economy and the world's fastest-growing continent. China is also prepared to carry out 30 infrastructure connectivity projects in Africa and put in place a China-Africa network featuring land-sea links and coordinated development, he said.
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