China-Africa Development Fund Gets More Attention from Chinese President Xi Jinping

Posted on 09/09/2018


The China-Africa Development Fund (CADFund) has been active in Africa for over a decade. The CADFund which has around US$ 10 billion in assets could be getting bigger as China poises to allocate more money to the continent. In August 2018, Chinese President Xi Jinping pledged US$ 60 billion in financing for African projects in […]