Chinese President unveils a funding package for Africa

1,427 views · Published 4 December 2015 · 2:09 · Indexed 21 October 2026

Channel: CGTN Africa · 2015 · News & Politics

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China's President Xi Jinping has unveiled a funding package for Africa, worth around sixty billion US dollars. The package includes loans, investment and education, and training for thousands of young Africans. The announcement came at the start of the Focus on China-Africa Co-operation FOCAC summit, in Johannesburg, South Africa. Leaders from across Africa are meeting their Chinese counterparts at the summit.

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