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Don’t Focus on the Big Number at the End of FOCAC

File image of China's President Xi Jinping (C) speaks as South Africa's President Cyril Ramaphosa (L) and Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo (R) look on, during the Forum On China-Africa Cooperation - Round Table Conference at the Great Hall of the People in Beijing on September 4, 2018. Lintao Zhang / POOL / AFP

As we approach the ninth Forum on China-Africa Cooperation (FOCAC), which will take place in the first week of September, the big question on everyone’s mind is, “What’s the number?”

How much will China commit to Africa this time? Will it be $20 billion, as promised in 2012, or perhaps another $60 billion, as pledged at the 2015 and 2018 forums? What share will Africa receive of the $100 billion in new funding for Belt and Road (BRI) projects announced at last year’s Belt and Road Forum?

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by Eric Olander

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