Fund to back China's E. Africa investment

Establishment of CADFund representative office in Nairobi seen as catalyst for growth

The China-Africa Development Fund said on Thursday that it was poised to strengthen its investment efforts in the East Africa Community region with the establishment of its representative office in Nairobi, Kenya.

The office, based in Nairobi, is the fifth in Africa after others in South Africa, Ethiopia, Zambia and Ghana. It is specially designed to cater to the EAC.