NANCHANG -- Jiangxi Province is going to deepen going-out cooperation with China-Africa Development Fund (CADFund), according to the Jiangxi branch of China Development Bank.
As the first Africa-focused equity investment fund launched by Chinese government, CADFund has made cumulative investment of nearly 3.3 billion US dollars in 84 projects in 36 African countries.
Jiangxi province aims to expand cooperation with CADFund in Africa in terms of mining, infrastructure, equipment manufacturing, and industrial parks, and promote large investment and acquisition programs in key sectors.
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