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Active Development AidData Chinese Aid

Chinese government signs ETCA worth 13.9 million euros with Mozambique in September 2022

¥13.9M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Mozambique
Country Mozambique
Start Date Sep 13, 2022
End Date Apr 17, 2033
Duration 3,869 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 101864
Grant Description

On September 13, 2022, the Governments of China and Mozambique signed several agreements, including an Economic and Technical Cooperation Agreement (ETCA).

Under the ETCA, the Chinese government will donate 13.9 million euros to the Mozambique government for unspecified projects.

The signing was officiated by China's Ambassador to Mozambique, Wang Hejun, and Mozambique's Minister for Foreign Affairs and Cooperation, Verónica Macamo.

Additionally, a Partial Debt Relief Agreement was signed, in which China’s Ministry of Commerce (MOFCOM) canceled RMB 50 million (approximately EUR 7 million) of Mozambique’s debt, stemming from an interest-free loan due by the end of 2021.

📚 Sources & References
  • China donates 13.9 million euros and forgives 7 million of Mozambique’s debt
  • China donates EUR 13.9 million to Mozambique and cancels EUR 7 million debt
  • China perdoa 50 milhões de yuans da dívida de Moçambique
  • China Perdoa Parte da Dívida de Moçambique
  • China donates 13.9 million euros, cancels €7 million of Mozambican debt
  • China donates $13.9 million and forgives $7 million of Mozambique's debt
  • CHINA FORGIVES MOZAMBIQUE’S DEBT OF SEVEN MILLION DOLLARS Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Government of Mozambique

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