China pledges $60bn to develop Africa

Xi-Jinping-ZumaChina has announced $60bn (£40bn) of assistance and loans for Africa to help with the development of the continent.

President Xi Jinping said the package would include zero-interest loans as well as scholarships and training for thousands of Africans.

The Chinese leader made the announcement at a major summit between China and Africa in Johannesburg.
The momentum of rapid growth in Africa was “unstoppable”, Mr Xi told more than 35 African heads of state.

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