China says it is ready to collaborate with the international community to relieve the debt of African countries. The move will help indebted countries to meet their challenges in this covid-19 crisis context.

According to the Chinese minister of foreign affairs, Wang Yi (pictured), a temporary freeze on debt payment by African countries, as part of an agreement between the key G20 countries, is expected this week. With an investment of $145 billion, of which $8 billion is expected to be repaid this year, China is Africa’s leading lender.

André Chadrak