somalilandcurrent.com
China pledges $10bn in Africa loans - SomalilandCurrent.com
Cairo, 09 November 2009 (Somalilandpress) — The Chinese government has pledged to give African countries billions of dollars in cheap loans at a two-day Africa-China summit in Egypt. Addressing hundreds of Chinese and African businessmen at the Red Sea resort of Sharm El-Sheikh on Sunday, Wen Jiabao, China’s premier, said he would also cancel debts of African countries. […]