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Empresas y finanzas

China's Xi pledges $60 billion for development in Africa


    JOHANNESBURG (Reuters) - China's President Xi Jinping told African presidents on Friday at a summit that his country would provide $60 billion (40 billion pounds) to fund development on the continent, outlining the Asian economic giant wanted to build a relationship of equals.

    Xi, who is co-chairing the Forum on China-Africa Cooperation where several African heads of state were attending, outlined a broad ten-point development plan driven by China.

    "To ensure the successful implementation of these ten cooperation plans, China decides to provide a total of $60 billion dollars of funding support," Xi said.

    (Reporting by Joe Brock, Stella Mapenzauswa and Tiisetso Motsoeneng; Editing by James Macharia)