China forgives loan interest and donates €12 million to Mozambique

The Prime Minister of Mozambique, Benvinda Levi, announced that the Chinese government has decided to waive interest on loans granted to Mozambique until 2024 and donate €12 million to the country.

The interest waiver and donation are part of cooperation efforts between the two countries, strengthening the strategic relationship between Mozambique and China, which has been a long-standing partner in investment and financing projects.

(Source: Folha de Maputo)

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