Chinese Government pledges to cancel $1 billion of African debt at China-Africa Forum
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Action relating to debt (Code: 600)
At the first China-Africa Forum held in Beijing in 2000, China agreed to cancel 1 billion USD in African debts. The 1 billion USD is spread across African countries, and is recorded in bilateral flows for each recorded project. It also placed 190 products from 28 African countries on a tariff free roster.Debt Forgiveness projects that may be under this umbrella have been recorded for Guinea-Bissau, Rwanda, Kenya, Niger, Tanzania, Cameroon, Mali, Sudan, Ethiopia, Congo, Lesotho, Comoros, Togo, Equatorial Guinea, Eritrea, Madagascar, Mozambique, Burundi, Angola, Central African Republic, Uganda, Cabo Verde, Guinea, Ghana, Democratic Republic of Congo, Benin, Nigeria, and Mozambique.
Number of official sources
Number of unofficial sources