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China pledges $10bn Africa loans

by Pat Coate | November 08, 2009
"We will help Africa build up financing capacity."
- Wen Jiabao, premier of China

China has pledged to give Africa $10bn (£6bn) in concessional loans over the next three years, Chinese Premier Wen Jiabao has said at a summit in Egypt.

Mr Wen also said China is planning to create environmental programmes for Africa, including 100 clean energy projects.

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