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Chinese President Xi Jinping has pledged over $50 billion in financing for African countries over the next three years. The commitment aims to support infrastructure, agriculture, and trade, with plans to create at least one million jobs across the continent. This announcement was made during the China-Africa forum in Beijing, attended by over 50 African leaders. The funding includes aid, investment encouragement, and significant deals in various sectors, such as energy and transportation. Despite the promise of development, concerns about debt and the recalibration of China’s approach amid rising geopolitical tensions persist.
