04 Sep 2018
China announced USD 60 billion in additional financing to support Africa’s development at the 3rd Forum for Africa-China Co-operation (FOCAC) Summit, which was held in Beijing on 3-4 September. The biggest Africa event in China brought together leaders from nearly all African countries (except Swaziland), Chinese officials and representatives from the African Union Commission. The Beijing Declaration outlined a new commitment called, “Toward an even stronger China-Africa community with a shared future.” The declaration is supported by a 2019-21 action plan. Burkina Faso and Gambia joined the forum as new members.