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Radio France Internationale
Radio France Internationale
World
RFI

China pledges to give Africa $51bn in fresh funding over next three years

China's President Xi Jinping (C) and his wife Peng Liyuan pose for a group photograph with leaders from African nations ahead of a dinner reception during the Forum on China-Africa Cooperation (FOCAC) at the Great Hall of the People in Beijing on September 4, 2024. © Andres Martinez Casarez / AFP

President Xi Jinping has pledged to increase China's support to the African continent with nearly $51 billion in new funding, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.

Xi told delegates from more than 50 African nations on Thursday that China would carry out 30 infrastructure projects across the resource-rich continent, and offer 360 billion yuan ($50.7 billion) in financial assistance.

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