China has signed a slew of loan deals across Africa in the last few years as it seeks to secure resources to fuel its own dramatic growth.
The terms of the loans to Mali were not disclosed.
The money will be used to finance continued work on a highway connecting Bamako to Segou, a bridge in Bamako, a feasibility study for a University in Kabala, and a fibre optic communications upgrade, Mali Finance Minister Sanoussi Toure said late on Thursday after signing the deals.
Mali in September secured 75 billion CFA francs of loans on preferential rates from China to start work on the 250 km (160 mile) Bamako-Segou highway.
Source: Reuters
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