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African News

Hu Announces Development Aid for Namibia

Monday, February 05, 2007 3:14:16 PM
By CELEAN JACOBSON

Chinese president Hu Jintao, inspects a guard of honour on his arrival in Windhoek, Namibia, Monday, Feb. 5, 2007. Hu brought his eight-nation African tour Monday to Namibia, a sparsely populated, mineral rich desert country which hopes to benefit from an influx of Chinese investment and tourists. (AP Photo/Wiebke Schmidt) WINDHOEK, Namibia (AP) - Chinese President Hu Jintao announced new development aid for Namibia on Monday, promising an interest-free loan and money for schools in the sparsely populated, mineral-rich desert country.

Hu, on an eight-nation tour of Africa, announced a package of measures as he paid tribute to the "brotherly friendship" shown by a "young country full of vitality and talent."

The Namibia-China Mineral Resources Investment and Development Corp. took out a full-page advertisement in the local newspaper welcoming Hu to the country, where many hope to benefit from an influx of Chinese investment and tourists. But the mood of celebration was not universal.


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