China EximBank funds over $87b projects in 46 African countries

Date:

The Export-Import Bank of China (China EximBank) has so far funded over 600 billion yuan ($87 billion) in projects in 46 African countries.

The funding mainly supports major projects with prominent economic and social benefits in Africa, said the bank.

The bank will step up efforts in supporting projects of clean energy, new energy, and development and utilization of renewable energy in Africa, said Xie Ping, deputy governor of the China EximBank.

The China EximBank is a state-funded and state-owned policy bank dedicated to supporting China’s foreign trade, investment and international economic cooperation.

GBN

Share post:

Subscribe

Popular

Workers of GHA threaten another strike over unaddressed demands.

The Senior Staff Association of the Ghana Highway Authority...

Election 2024 Poll: Bawumia 49.1%, Mahama 45.8%.

A latest scientific survey on the December 7, 2024...

Election 2024: Mahama promises Agricultural University for Afram Plains.

Former President and flagbearer of the National Democratic Congress...

GFA dissolves Black Stars management committee apologises for inability to qualify for AFCON.

The Ghana Football Association (GFA) has apologised for the...

More like this
Related