China to provide $60 billion in financial support to Africa, Xi says


  • World
  • Monday, 03 Sep 2018

BEIJING (Reuters) - China will provide $60 billion (£46.5 billion) in financial support to Africa, President Xi Jinping said on Monday at the opening of a major China-Africa summit.

The support will be provided in the form of government assistance as well as investment and financing by financial institutions and companies, Xi said in a speech carried live on state television.

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