FOCAC Summit 2024: China’s $50 Billion Commitment to Transform African Infrastructure
The 2024 Forum on China-Africa Cooperation (FOCAC) Summit witnessed a landmark announcement as China committed $50 billion towards transforming Africa's infrastructure. This initiative, focusing on roads, railways, and ports, is poised to boost trade and economic development across the continent. The program also emphasizes sustainable construction and capacity building, reflecting China's dedication to fostering long-term growth in Africa.
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