China and Sao Tome and Principe have signed three cooperation agreements to social housing, setting up a Confucius Institute and granting a donation of US$29 million, the Sao Tome prime minister said.
Patrice Trovoada, taking stock of his trip to Beijing to attend the third summit of the Forum on China-Africa Cooperation (FOCAC), said the donation covers 2018 and 2019, that the construction project includes some roads and the Confucius Institute will be established in partnership with the public university of São Tomé and Príncipe.
In addition to announcing that the Chinese President has granted support to the Armed Forces of São Tomé and Príncipe in infrastructure, training of personnel and equipment, Trovoada said the Chinese authorities have agreed to fund the requalification project of the international airport of São Tomé and Príncipe along with construction of a fishing port.
President Xi Jinping at the third FOCAC summit held in Beijing on 3 and 4 September, announced support for African countries of US$60 billion, including preferential loans, grants and debt pardon. (macauhub)