China and India to invest in African countries before Brix meeting



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Direct : China and India have continued their commitments to provide loans and investments in African countries in anticipation of an important meeting of emerging markets in Johannesburg on Wednesday.

China and India are expected at the Brix Summit,

Chinese President Xi Jinping pledged $ 14.7 billion investment to South Africa, which is attempting to recover from the recession and target foreign investment. Up to $ 100 billion, according to

A total of $ 2.8 billion will be disbursed as a result of China's pledge to the heavily damaged South African national carrier, Eskom.

In the same vein, During his visit to Rwanda this week, Indian President, Indian Prime Minister Narendra Modi announced that he had donated $ 205 million to Africa's East to develop its agricultural sector as well as its electricity distribution infrastructure. Lend more than $ 300 million in loans for the development of agriculture, roads and their economic zones.

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