More opportunities for Chinese investment into Africa are to open up soon, with the announcement that China is to bolster its China-Africa Development Fund by an additional R19.8-billion ($2-billion). The state-run equity fund has already invested in 20 projects, totalling a massive R3.9-billion ($400-million), in Africa since it was established in June 2007. The latest development will give Chinese enterprises added impetus to sink their funds into the continent, particularly in light of the withdrawal of Western investors, many of whom find themselves under financial pressure because of the global recession.