China and Sudan’s junta administration signed an agreement in Port Sudan, with Beijing waiving four interest-free loans worth $50 million.
The move comes as Sudan’s three-year civil war has cut its economy by around 40 percent and deepened financial isolation amid limited Western lending and sanctions.
Although modest compared with Sudan’s $56 billion external debt, the relief offers some fiscal breathing space.
Sudan’s junta Finance Minister Gibril Ibrahim welcomed the decision, praising continued Chinese engagement, while the conflict has displaced about 14 million people and worsened economic collapse and currency instability.
Chinese officials said Beijing remains committed to supporting reconstruction, particularly in infrastructure, reinforcing its long-standing economic ties with Sudan and its broader role as Africa’s top trading partner.
