China Forgives Malawi $20 Million in Debt
Published on October 20, 2025 at 12:30 PM by Edgar Naitha
China has announced that it has forgiven two debts owed by Malawi, totaling approximately $20 million.
Chinese Ambassador to Malawi, Lu Xu, made the announcement in Lilongwe on Monday during a training session for newly elected members of Parliament.
Ambassador Xu described the debt cancellation as a significant step forward, adding that China is also reviewing other outstanding debts Malawi owes, with the possibility of extending repayment periods.
Source: Times 360 Malawi
