BEIJING (Reuters) – President Xi Jinping said on Monday that China will offer an additional 1 billion doses of COVID-19 vaccines to African countries and encourage Chinese companies to invest as much as $ 10 billion in Africa over the next three years.
The pledge of additional vaccine doses – on top of the nearly 200 million that China has already provided to the mainland – comes amid heightened concerns about the spread of a new variant of the coronavirus, known as omicron, which was first identified in southern Africa.
In a video link speech at the opening of the Forum on China-Africa Cooperation, Xi also said that a cross-border China-Africa yuan center will be set up to provide African financial institutions with a line of credit. of $ 10 billion, without giving further details.
China’s total imports from Africa, one of its main sources of crude oil and minerals, will reach $ 300 billion over the next three years, Xi said, adding that two parties would cooperate in areas such as health, digital innovation, trade promotion and green development.
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