East African leaders return from China with billions in funding

East African leaders return from China with billions in funding

East African leaders return from China with billions in funding

East African governments went to China with great expectations of funding for their mega-infrastructure projects, and returned with a share of the $60 billion pie given to Africa.

Rwanda, represented at the Forum on China–Africa Cooperation (Focac) by President Paul Kagame, signed a memorandum of understanding with the China-Africa Development Fund (CAD) to accelerate joint ventures between Rwandan and Chinese investors.

For more information, please see http://www.theeastafrican.co.ke/business/East-African-leaders-return-with-billions-in-funding/2560-4750392-26sk9o/index.html?utm_source=newzmate&utm_medium=email&utm_campaign=2318&tqid=0qGlZWAuBFUB6BrDdGZVG0kRXzp3PY8HzbxGQbXvpQ%24%24

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