President Bola Tinubu, speaking at the 2024 Forum on China-Africa Cooperation (FOCAC) Summit in the Great Hall of the People on Thursday, underscored the critical role of global collaboration in achieving shared progress and prosperity.
In his keynote address, President Tinubu praised the China-Africa partnership as a model for sustainable development and mutual success. He emphasized that the partnership is driven by a bold vision for the future, fostering unprecedented growth and development for both regions. The President stressed that cooperation is essential in addressing global challenges, and that the China-Africa relationship, founded on trust and mutual respect, exemplifies this approach.
“The success of FOCAC and our broader partnership underscores that global progress is not a zero-sum game,” Tinubu stated. “By joining hands and seeking win-win solutions, we create opportunities for sustainable development and shared prosperity. Our joint efforts reinforce a vision for a multi-polar world where diverse perspectives are embraced, and cooperation is key to solving global challenges.”
He called for continued momentum in the partnership, advocating for peaceful dialogue, transparent business practices, and diplomatic conflict resolution. “These values will ensure that the bond between Africa and China deepens and benefits both regions for generations to come,” he added.
Tinubu acknowledged earlier speakers, including co-chair President Bassirou Diomaye Faye of Senegal, for their contributions. He highlighted the partnership’s milestones, such as China’s financial and developmental support, cultural exchanges, and the establishment of FOCAC in 2000.
In response, President Xi Jinping announced a significant $50 billion in financial and military support for Africa, alongside an additional $280 million in aid. Xi emphasized the importance of rallying populations to drive global peace, prosperity, and progress. He also proposed actions to advance modernization efforts in Africa, aligning with the continent’s infrastructure goals through China’s Belt and Road Initiative.
The summit showcased the flourishing economic ties between Africa and China, with trade reaching an estimated $280 billion. Both leaders expressed optimism about the future of this impactful partnership.
