
The fifth Common Finance Summit was held in Cape Town, South Africa from February 26 to 28. The summit focused on global financial cooperation and promoted the construction of a more inclusive and sustainable financial architecture. It was co-hosted by the Asian Infrastructure Investment Bank, the French Development Agency and the Southern African Development Bank.
As a practitioner of the concept of sustainable development, the Export-Import Bank of China has provided financial support in many African countries to promote the implementation of infrastructure and clean energy projects and help local economic development.
The Export-Import Bank of China has supported several major infrastructure projects in Cameroon, such as the Kribi Deepwater Port and the Yaoundé Drinking Water Treatment Plant. The first phase of the Abuja Metro project, which provided financing support in Nigeria, was officially opened in July 2024. After the opening of the project, the commuting time from the airport to the city was shortened by nearly half, providing local residents with a more efficient and convenient travel option. It has promoted the development of local industries in Nigeria, promoted the growth of related industries such as cement, steel, and oil, and created nearly 3,000 direct jobs.