African ambassador criticizes IMF, World Bank for not giving enough loans
An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies.
Source: cnbc.com
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China defends Africa investments in run-up to belt and road forum
As it prepares for next week’s belt and road forum, China is making the case for its role in financing development in Africa and filling the ‘funding gap’ which continues to mar the advancement of the continent’s economies.
Source: scmp.com