China cancels $28m of DR Congo debt to help virus fight
The East African Friday January 08 2021 A view of the main highway in the city centre of DR Congo capital Kinshasa. PHOTO | AFP Summary China is a major investor in the Democratic Republic of Congo, and researchers from Johns Hopkins University in the US have estimated that Chinese entities have extended more than $2.4 billion in loans over the past two decades. Advertisement China has cancelled a part of the debt owed by DR Congo to help the sub-Saharan giant fight the coronavirus epidemic, the Congolese presidency said on Thursday. Foreign Minister Wang Yi made the gesture to put 180 millio...
Source: theeastafrican.co.ke