China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions of dollars in infrastructure. The new areas are namely industrialization, increase in agriculture investment and talent development. “China will channel more resources of assistance, investment and financing toward programs for industrialization,” Xi said. Xi also posited that China would also provide food assistance to some countries in need. China has pumped billions of dollars into Africa through its BRI initiative.

Source: The North Africa Journal August 28, 2023 11:52 UTC