Brazzaville, the capital of the Republic of Congo, which owes state-owned Chinese entities and other creditors more than US$9 billion. Photo: AFP

China agrees to restructure Republic of Congo’s debt, African nation says

  • Deal was reached in Beijing last week, Congolese government spokesman Thierry Moungalla says
  • Restructuring was a prerequisite of possible bailout from the International Monetary Fund
Topic |   Africa

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Brazzaville, the capital of the Republic of Congo, which owes state-owned Chinese entities and other creditors more than US$9 billion. Photo: AFP
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