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Deputy Governor of the People's Bank of China Xiang Junbo explained that this is the Year of the Pig in the Chinese calendar, a symbol of fortune and good luck. For many of the 2,000 African delegates in Shanghai who heard him, that is starting to ring true.

The revelation by African Development Bank President Donald Kaberuka that the China Exim Bank, the country's official export credit agency, has agreed to finance projects worth some US$20 billion over the next three years, will make China Exim the biggest single financing agency in Africa in that period....

(This article contains approximately 1122 words)

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Keywords:

EXIM BANK BOOM, Donald Kaberuka, China, Japan, United States, Britain, Liu Ruogu, Wen Jiabao, Zhou Xiaochuan, Harry Broadman, Angola, Mozambique, Nigeria, Sudan, Zimbabwe, South African, Trevor Manuel, Senegal, Abdoulaye Diop, South Korea, Roh Moo-hyun, Kim, Sung-Jin, India