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Mauritius: China gives Mauritius grant, interest-free loan

by | posted in: Africa, Afrique |

Port-Louis, Mauritius (PANA) – China has given a grant of 250 million rupees (about US$8.5 million) and an interest-free loan of the same amount to Mauritius, according to Mauritian Finance and Economic Development Minister Vishnu Lutchmeenaraidoo. He said that the … Read More

China launches US$2 billion fund for development projects in Africa

by | posted in: Africa |

Kigali, Rwanda (PANA) – The African Development Bank (AFDB) and the Popular Bank of China (PBOC)  signed Thursday an agreement which establishes a co-financing fund of US$2 billion called “Africa Growing Together Fund (AGTF)”. A statement made public at the AFDB … Read More