Addis Ababa, 8 July 2015 - The World Bank Group has said it will host an "infrastructure-focused" trust fund being set up by China's finance ministry that will offer "strong support to African countries".07 Jul 2015 In addition to the trust fund, which is reportedly valued at around $50 million, the World Bank said it is joining the ministry and the China Development Bank to launch the 'Investing in Africa Think Tank Alliance', which aims to support the industrialisation of the region. The developments were announced at the 'Investing in Africa Forum' in the Ethiopian capital city of Addis Ababa, Ethiopia.
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