China-Africa Development Fund
Chinese sovereign fund / From Wikipedia, the free encyclopedia
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The China-Africa Development Fund (Chinese: 中非发展基金), more commonly known as CAD Fund, is a China Government Guidance Fund solely funded by China Development Bank, a Chinese government policy bank. The aim of the fund is to stimulate investment in Africa by Chinese companies in power generation, transportation infrastructure, natural resources, manufacturing, and other sectors.
Quick Facts Founded, Headquarters ...
Founded | June 26, 2007; 16 years ago (2007-06-26)[1] |
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Headquarters | Beijing, China |
Area served | China, Africa |
Key people | Zhao Jianping (Chairman) Chi Jianxin (President) |
Website | www.cadfund.com |
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