Thursday 8 May 2014

China announces $100 million aid for African wildlife

On his visit to the African Union headquarters in Addis Ababa, Ethiopia, the Chinese President has announced that China will provide $100 million in aid for Africa in its fight against poachers and the continents attempt to conserve fast declining species. The amount came as part of an extra $12 billion dollars of aid announced by President Li Keqiang.

The bulk of the aid will be in credit lines – $10 billion – with an extra $2 billion going to the China-Africa Development Fund. Today’s announcement brings a total of $30 billion in credit that China provides to African countries.

President Li also announced that China will make available its expertise in high-speed rail to African nations as part of Li’s vision of connecting up every capital city in Africa with fast rail transport as a driver for the continents growth and development.

“We have a dream that all African capitals are connected with high-speed rail, so as to boost pan-African communication and development,” the Chinese Premier said at the press conference. “China is ready to work with Africa “to make this dream come true,”

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