China’s Xi promises $50 billion for Africa, wants to create 1 million jobs

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President Cyril Ramaphosa (right) with Chinese president Xi Jinping on Monday in Beijing. Photo: GCIS

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…



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