Tue, Sep 04, 2018 - Page 6 News List

China pledges US$60bn in African aid

‘NO STRINGS ATTACHED’:The money comes on top of the US$60 billion China offered in 2015, while African leaders defended the pledges against criticisms of a debt trap


Nigerian President Muhammadu Buhari is to oversee the signing of a telecommunication infrastructure deal backed by a US$328 million loan facility from the Export-Import Bank of China during his visit, his office said.

Xi said that Belt and Road complies with international norms, and China “welcomes the participation of other capable and willing countries for mutually beneficial third-party cooperation.”

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