China to give Africa $50 billion over next three years, says Xi Jinping

The China-Africa forum on Thursday produced myriad agreements between China and over 50 African nations on areas ranging from industry and agriculture to natural resources and investments, including a pledge from Chinese leader Xi Jinping that the economic powerhouse would allocate $50 billion to the continent over the next three years. 

China to give Africa $50 billion over next three years, says Xi Jinping
The China-Africa forum on Thursday produced myriad agreements between China and over 50 African nations on areas ranging from industry and agriculture to natural resources and investments, including a pledge from Chinese leader Xi Jinping that the economic powerhouse would allocate $50 billion to the continent over the next three years.