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
