China Africa Relation in Dakar city
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CHINA, 2016/11/04
The majority of Africans are in favor of Chinese development on the continent, according to a new statement titled “China’s Growing Presence in Africa Wins Largely Positive Popular Reviews” by the Afrobarometer Research Network. “Almost two-thirds or 63 % of Africans say China’s influence in the continent is “somewhat” or “very” positive, while only 15 % see it as somewhat or very negative,” the statement states.
Trade between Africa and China has increased from $10 billion in 2000 to $220 billion in 2014. In 2000, China established the Forum on China-Africa Co-operation to drive its strategic engagement with sub-Saharan Africa. Since again, the communist country has been the go-to world economic resource for African nations in need of products and services ranging from infrastructure and telecommunication development, to food outlets, retail shops, and textiles.
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CHINA, 2016/03/24
China has contributed over 380 billion CFA Francs (about 700 million U.S. dollars) to public investment programs and projects in Senegal, Senegal's Economy and Finance Minister Amadou Ba said Thursday.
"China has contributed about 380 billion CFA Francs, making it one of top contributors to Senegal's public investment projects and programs," he said.
Ba was speaking in Dakar during the signing of a loan agreement of 20 billion CFA Francs between China Exim Bank and Senegal for the supply of materials and equipments to be used by the national fire-fighters.
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