China has pledged to give Africa $10bn (£6bn) in concessional loans over the next three years, Chinese Premier Wen Jiabao has said at a summit in Egypt.
The Chinese leader is attending a two-day forum on China-Africa cooperation in Sharm el-Sheikh, attended by officials from 50 nations.
"We will help Africa build up financing capacity," Mr Wen told the summit.
Several heads of state and government are attending the meeting, including the Presidents of Sudan and Zimbabwe.
Egypt's President Hosni Mubarak inaugurated the forum, the fourth of its kind, and spoke of "peace, security and growth," and of "boosting cooperation between China and Africa."READ MORE
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