Press releases - China - Ethiopia - Panafrica - Development - Finance
A 100 000 000 (one hundred million) Renminbi Yuan (USD14,645,576.89) grant agreement on economic and technical cooperation was signed today between the People’s Republic of China the African Union Commission. The grant will be used for implementing the project of the Conference Center of the African Union, which is being constructed in Addis Ababa by the Chinese government. At the same time, a letter of understanding for the clearing of underground obstructions and site leveling of the project by the Chinese side was also signed.

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