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International Business Times
International Business Times
Business
Sam DAVIES

China's Xi Promises $50 Billion For Africa Over Next Three Years

Xi Jinping China Africa Beijing William Ruto Antonio Guterres Pandemic United Nations
Over 50 African leaders and UN Secretary General Antonio Guterres are attending this week's China Africa forum, state media has said (Credit: AFP)

Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the pandemic.

More than 50 African leaders and UN Secretary General Antonio Guterres are attending this week's China Africa forum, according to state media.

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