China grants 150 million RMB to Lesotho for rice

¥150M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Lesotho
Country	Lesotho
Start Date	Sep 03, 2018
End Date	Sep 25, 2031
Duration	4,770 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`55883`

Grant Description

Between 3 and 4 September 2018 at the Beijing Summit for the Forum on China-Africa Cooperation (FOCAC), Lesotho's Prime Minister and China's President signed several agreements; one of which was a 150 million RMB (equivalent to M300 million) cash donation for rice.

The other agreements signed at the same meeting include 25 million (M50 million) RMB for food aid (#55882) and 1 million RMB (M16 million) also for food (#55888).

📚 Sources & References

Move Forward China-Lesotho Cooperation With FOCAC Beijing Summit, https://lestimes.com/china-cancels-lesotho-debts-gives-more-aid/
China donates millions and rice to Lesotho
中国免除莱索托债务并给予更多援助 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.