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Chinese Premier eyes more investments in Africa

07 May 2014, 11:42

Addis Ababa - China’s Pemier Li Keqiang said in Addis Ababa on Tuesday that he would attend the World Economic Forum in Abuja to promote his country’s investments in Nigeria and the rest of Africa.

Keqiang spoke at African Union Commission as part of his Africa's four-nation tour which started on Sunday with Ethiopia and expected to culminate in Kenya after a stopover in Angola.

The Premier said Africa was among China’s largest trading partners in the world with rail, telecommunication and power projects among the priority investments.

The Premier said that grants would rise to hit $100 billion.

The Chinese government and its investors had already entered about 16 deals and co-operations in railway development projects, roads, health, agriculture and technical assistance.

The Chinese leader had held bilateral talks with the Chairperson of the African Union Commission, Dr. Dlamini Zuma on Beijing's commitment to deepening the China-Africa strategic partnership.

The Chinese Premier has already arrived Nigeria to attend the World Economic Forum (WEF) 


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