Chinese Government cancels an outstanding debt obligation of Government of Benin

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Benin
Country	Benin
Start Date	Jan 01, 2007
End Date	Jun 12, 2026
Duration	7,102 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`24`

Grant Description

In 2006, the Chinese Government pledged that it would cancel some of the Government of Benin’s outstanding debt obligations. The agreement came to fruition in early 2007 during Foreign Minister Li Zhaoxing's seven nation tour through Africa. The amount of debt that was cancelled is unknown.

📚 Sources & References

Chad Gets Loans and Debt Relief, .China decides to write off $80 mln debt of some African countries.
Chinese FM starts tour highlighting Beijing interest in Africa
China offers debt relief, aid to Benin
SAIS-CARI China's Debt Cancellation In Africa Database
Chinese minister tours Benin
China's Foreign Aid
Debt Relief with Chinese Characteristics 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.