From Beijing with love: East African leaders return with billions in funding

President Uhuru Kenyatta and other African heads of state and government arrive for a high level business meeting at the Forum on China-Africa Co-operation 2018 in Beijing. PHOTO | PSCU

East African governments went to China with great expectations of funding for their mega-infrastructure projects, and returned with a share of the $60 billion pie given to Africa.

Rwanda, represented at the Forum on China–Africa Cooperation (Focac) by President Paul Kagame, signed a memorandum of understanding with the China-Africa Development Fund (CAD) to accelerate joint ventures between Rwandan and Chinese investors.