Wednesday, December 2, 2020

China Africa Development Fund Halted by COVID-19

 Asian Investor posted on 1 December 2020 an article titled "COVID-19 Crimps China Africa Development Fund Investing" by Twinkle Zhou.   

The China Africa Development Fund, China's first equity fund focusing on investment in Africa, saw investments dry up in 2020 amid COVID-19, an internal management investigation, and Africa's lagging GDP and higher financial risks.