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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China votes $5bln for Africa

Posted on 03 August 2011

The Chinese Government has voted $5billion for investments in Africa, Vice- President of the China-Africa Development Fund, Hu Zhirong has disclosed.
Speaking when he led a six-man delegation on a courtesy visit to the Director-General of the Bureau of Public Enterprises (BPE), Ms Bolanle Onagoruwa, in her office in Abuja last Friday, the Vice-President said the private equity fund would be administered by the China-Africa Development Fund……………………………………….Full Article: Source


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