Tag: China Africa Summit

China’s Xi promises $50 billion for Africa over next three years

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African leaders applaud Chinese President Xi Jinping, center, after his speech at the opening ceremony of the Forum on China-Africa Cooperation (FOCAC) at the Great Hall of the People in Beijing, Thursday, Sept. 5, 2024. | Photo Credit: AP Chinese leader Xi Jinping on Thursday (September 5, 2024) pledged over $50 billion in financing for…

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China Pledges Another $51 Billion For Debt-Distressed Africa

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China’s Xi Jinping pledged to step up China’s support across the debt-distressed African continent Beijing: Chinese President Xi Jinping today pledged to step up China’s support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs. The commitments were…

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