Zuma: Africa-China relations at high level
Chinese President Xi Jinping promised $60 billion in development to Africa.
JOHANNESBURG - President Jacob Zuma says the $60 billion in development aid promised to Africa by Chinese President Xi Jinping lifts Sino-African relations to the highest level since the establishment of the Forum on China-Africa Cooperation (Focac) 15 years ago.
Zuma and Jinping are co-hosting more than 40 African heads of state at the first summit on the continent of the Focac.
China's relationship with Africa is different from all others, said Zuma, having heard Jinping spell out a new era in relations between the 2.4 billion people of the super power and the fastest growing continent on the planet.
Zuma said Africa's mineral wealth made it vulnerable to exploitation which is why countries were insisting on beneficiation ahead of merely selling unprocessed resources.