China-Africa Development fund in Africa tops $1.9bn
Harbin - XINHUA
The China-Africa Development (CAD) fund has invested 1.9 billion U.S. dollars on the African continent since being established in 2007, its president Chi Jianxin said on Thursday. The CAD fund, China's biggest equity fund focused on African investments, has raised 3 billion U.S. dollars in its first and second phase of operation. "If we can complete our second-phase investment plan within this year, we will probably start the third-phase next year which will raise another 2 billion U.S. dollars," said Chi. The fund mainly focuses on long-term investment projects that include industrial development, agriculture, infrastructure, industrial parks and resource exploitation, he said.
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Buenos Aires - AFP
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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