On Thursday 5 September in Beijing, Chinese President Xi Jinping announced a support plan of 360 billion yuan (around €45 billion) over 3 years for African countries, during the Summit of the Forum on China-Africa Cooperation. Half of this amount will be granted in the form of loans, with the aim of creating at least one million jobs on the continent.
“China is ready to deepen cooperation with African countries in industry, agriculture, infrastructure, trade and investment”, he...