China stops short of Africa debt relief as it pledges more cash

At the recent Forum for China-Africa Cooperation (FOCAC), China pledged $50.7 billion in credit lines and investments over three years but did not offer the debt relief many African countries hoped for.

The funds will support 30 infrastructure and clean energy projects.

While some welcomed the focus on renewable energy, concerns remain about the lack of transparency on debt terms.

Ethiopia and Mauritius secured new currency swaps with China, and Kenya is advancing on key projects.

China called for joint action from other creditors to handle African debt, but didn't address relief directly.