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China forgives debt for 17 African nations
China has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations.
China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced.
“China will waive the 23 interest-free loans for 17 African countries that had matured by the end of 2021,” Mr Wang said at the Forum on China-Africa Cooperation according to a statement.