Chinese Government cancels some of the Government of Equatorial Guinea’s outstanding obligations

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Equatorial Guinea
Country	Equatorial Guinea
Start Date	Jul 22, 2010
End Date	Aug 16, 2030
Duration	7,330 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73295`

Grant Description

On July 22, 2010, the Chinese Government and the Government of Equatorial Guinea signed a partial debt exemption protocol agreement (“Protocolo sobre la condonacion parcial de las deudas del Gobierno Chino al Gobierno de Guinea Ecuatorial”). The value of the debts that were forgiven is unknown.

📋 Staff Comments

1. One official source suggests that the official commitment date was July 23, 2010 rather than July 22, 2010.

📚 Sources & References

Debt Relief with Chinese Characteristics
Visita del Consejero de Estado de China a Guinea Ecuatorial
商务部副部长傅自应和赤道几内亚外交部国务秘书签署协定, 《中国与非洲经贸合作(2013)白皮书》(全文))
中国的对外援助(2014)
List of Chinese loans published of Equatorial Guinea Ministry of Finance Website in 2021 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.