China to invets $8.31Bn in Africa

  • According to the news report, China is investing $8.31 billion in Africa as a part of the Silk Road Initiative.

  • The Chinese government has recommended its top companies like Huawei, ZTE, and Cloudwalk to invest in the mobile telecom sector, e-commerce sector, and social media platforms in the continent.

  • The country will be investing in key African states – Nigeria, Zambia, Angola, Ethiopia, and Zimbabwe.


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