China’s Xi pledges over $50 billion in financial aid to Africa to deepen ties

Xi Jinping commits $50 billion to boost Africa's infrastructure development

Chinese President Xi Jinping has pledged more than $50 billion in financial support to Africa over the next three years, aiming to expand China’s economic influence and strengthen development partnerships across the continent. The announcement was made during the Forum on China-Africa Cooperation summit in Beijing on Thursday, Sept. 5, where leaders from more than 50 African nations gathered. China plans to enhance trade, agriculture, and infras…

China offers Africa $51 billion in fresh funding, promises a million jobs

5 big deals and pledges Xi Jinping has made to woo African nations

With over 50 African leaders in attendance the forum marked China’s most significant diplomatic engagement with Africa since the pandemic. Xi's pledges ranged from financing to military aid

China targets ‘green infrastructure’ deals in $50B pledge to Africa

The NewsChina has inked several green infrastructure deals with African countries at its triennial summit in Beijing, making the energy transition a focal point in the $50 billion it has pledged to the continent.The three-day Forum on China-Africa Cooperation (FOCAC) summit, which began on Sept. 4, has seen Beijing unveil a series of major partnerships with African countries in areas including supply chains for key minerals required to develop g…

China pledges over $50 bil. financial support to modernize African nations

Chinese President Xi Jinping has pledged over 50 billion dollars in financial support for Africa in areas including infrastructure and the military.

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