China offers $50 million to Mali in midst of IMF talks


  • World
  • Friday, 12 Sep 2014

BAMAKO (Reuters) - China has extended 26 billion CFA francs ($51 million / £31.5 million) in funding to Mali, the West African country said on Friday, as it negotiates a programme with the International Monetary Fund.

President Ibrahim Boubacar Keita reached the agreement, which includes a gift of 18 billion francs and a 6 billion franc interest-free loan, during a visit to China for the World Economic Forum in Tianjin, a presidency statement said.

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