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Thursday, August 29, 2013
"China-Africa Cooperation Plan" Is Rather Promising
ANBOUND

Tanzania requested the IMF to lift its debt ceiling so that the country is able to launch 1 billion dollars sovereign bond. This indicates that the "China-Africa Cooperation Plan"that proposed by Anbound whereby China to invest 400 billion dollars in Africa over the next 10 years is quite promising. Anbound research team believes that IMF's limitation towards African countries' debt has provided China a good opportunity to channel its capital into Africa.

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