China Cancels Nearly Two Dozen Interest-Free Loans to 17 African Countries

Chinese Foreign Minister Wang Yi unveiled a minor debt relief package for 17 African countries, writing off 23 interest-free loans that came due at the end of the last year.

Wang made the announcement on Thursday at a meeting with a group of African foreign ministers to monitor the progress of commitments made at the Forum on China-Africa Cooperation conference that took place last November in Senegal.

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The post China Cancels Nearly Two Dozen Interest-Free Loans to 17 African Countries appeared first on The China Global South Project.



source https://chinaglobalsouth.com/2022/08/22/china-cancels-nearly-two-dozen-interest-free-loans-to-17-african-countries/

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