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Active Development AidData Chinese Aid

China pledges debt remission of US$80 million to Angola

$8M USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Angola
Country Angola
Start Date May 01, 2001
End Date Apr 28, 2026
Duration 9,128 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 5
Grant Description

In May 2001, a Chinese economic and trade delegation promised to dismiss about 10 percent of Angola's $80 million external debt to China during a three-day visit to Luanda. The status of the debt forgiveness is uncertain.

📚 Sources & References
  • Chinese Delegation Signs Two Accords.
  • China Guarantees Future Stronghold In Iraq After Forgiving Saddam's Debt
  • China Means Business in Iraq
  • China to substantially forgive Iraq debt 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 Angola

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