The Center for Global Development published on 12 September 2024 a proposal titled "At FOCAC, China Renewed Commitments to Africa. Here's What Needs to Happen Next" by W. Gyude Moore.
The author proposes that China expand the $2 billion Chinese-created Africa Growing Together Fund (AGTF) administered by the African Development Bank and embrace a wider slate of participants to enable continued and sustainable lending from China to Africa. More specifically, he suggests that China expand AGTF capital to $5 billion and reauthorize it for another 10 years.
