From February 25 to March 4, Yang Dongning, Vice President of the Export-Import Bank of China, conducted a work-related investigation in South Africa and Madagascar. During the visit, she attended and spoke at the 5th Finance in Common Summit (FiCS), held talks with Rémy Rioux, CEO of French Development Agency (AFD) and senior executives of Standard Bank of South Africa. She also met with relevant government officials and Chinese ambassadors to the two countries, held talks with Chinese enterprises operating locally, visited the Bank’s Representative Office for Southern and Eastern Africa and conducted on-site research on relevant projects.

During her stay in South Africa, Vice President Yang met with Wu Peng, Chinese ambassador to South Africa. The two sides exchanged views on the country’s political and economic situation, opportunities for bilateral economic and trade cooperation, as well as financial support for Chinese enterprises expanding overseas. She also visited the industrial park, where she held talks with Chinese investors and thoroughly examined the project’s development and management.

During her stay in Madagascar, Vice President Yang met with Ji Ping, Chinese ambassador to Madagascar for in-depth exchanges on China-Madagascar relations, high-quality Belt and Road cooperation and key areas of bilateral financial cooperation. She also held a meeting with Rindra Rabarinirinarison, Minister of Economy and Finance of Madagascar.

Vice President Yang held discussions with Chinese-funded companies operating in Madagascar from engineering contracting, agriculture, mining and other sectors to understanding their operations, collecting insights on pain points in local market penetration. She also inspected the construction and operation development of various projects financed by the Bank.

During the visit, Vice President Yang engaged in discussions with the Bank’s Representative Office for Southern and Eastern Africa, reviewing its work and future plans. She emphasized that overseas institutions serve as a vital component of the Bank’s strategic framework, bearing significant responsibilities and missions. She pointed out that the Representative Office should fully leverage its strengths, continuously improve the quality and efficiency of business management, strengthen security awareness, and uphold the strictest integrity standards to further advance the high-quality development of the Bank’s overseas operations.