Chinese Government cancels CFAF 11 billion of the Government of Senegal’s outstanding debt obligations

📋 Staff Comments

This project is not marked as umbrella. Our dataset includes one loan project in 2005 to Senegal before this debt forgiveness, but the 2005 loan was not disbursed until 2013, so the 2005 project was not included in the 2006 loan forgiveness captured in this project.

📚 Sources & References

• global.factiva.com/aa/?ref=AFNWS00020060120e21k000xk&pp=1&fcpil=en&napc=S&sa_from=
• UPDATE 1-Chinese minister visits Senegal to cement relations, 2007 IMF Report
• Debt Relief with Chinese Characteristics
• SAIS-CARI China's Debt Cancellation In Africa Database
• Senegal Ministry of Finance Twitter Thread
• La Chine et le Sénégal signent un accord de coopération économique
• L’empire chinois au milieu du Sénégal
• Offensive diplomatique et économique de la Chine en Afrique de l’Ouest, global.factiva.com/aa/?ref=AFNWS00020060120e21k000xk&pp=1&fcpil=en&napc=S&sa_from=
• La Chine accorde le traitement douanier zéro à 95% des produits originaires du Sénégal et accorde à ce pays un financement de 12 milliards de FCFA
• Signature d’un accord de coopération économique entre le Sénégal et la Chine 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.