China, Liberia Sign $14 Million Development Cooperation Agreement
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ADNews-Monrovia, Liberia: The governments of China and Liberia have signed a development cooperation agreement valued at approximately $14 million (100 million Chinese yuan), marking a significant step toward advancing Liberia’s socio-economic transformation.
The agreement was signed on Friday, Jan. 9, 2026, in Monrovia and underscores the deepening diplomatic and development partnership between the two countries, reaffirming China’s continued support for Liberia’s national development priorities.
The signing ceremony took place at the Ministry of Foreign Affairs, where Liberia’s Minister of Foreign Affairs, Sara Beysolow Nyanti, signed on behalf of the Liberian government, Chinese Ambassador to Liberia Yin Chengwu signed for the People’s Republic of China.
The funding, provided as a non-repayable grant, will support priority sectors under Liberia’s national development agenda, including public infrastructure, healthcare, education, and rural connectivity, aimed at improving living standards and promoting sustainable growth.
Speaking at the ceremony, Ambassador Yin described the agreement as a continuation of ongoing development cooperation between the two nations.
“This is another new agreement between our two countries in the field of development cooperation, following the one we signed last March,” Yin said. “Under this agreement, China will provide Liberia with 100 million RMB to implement jointly agreed projects aligned with Liberia’s national development priorities.”
Yin said signing the agreement at the start of the year sets a positive tone for bilateral relations and reflects the consensus reached by the two countries’ leaders, including outcomes from the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC).
He noted that in 2024, Chinese President Xi Jinping and Liberian President Joseph Nyuma Boakai met in Beijing and elevated bilateral ties to a Strategic Partnership, opening broader prospects for cooperation.
“Under the strategic guidance of our two heads of state, mutual trust has been further consolidated, practical cooperation has deepened, and people-to-people exchanges have continued to expand,” Yin said. “This agreement reflects China’s high regard for our strategic partnership and our sincerity in advancing China-Liberia relations.”
Yin highlighted ongoing Chinese-supported projects in Liberia, including the handover of police supplies, food assistance, and progress on the Tubman Boulevard overpass bridges, saying such initiatives have made tangible contributions to Liberia’s development capacity.
He added that the grant aligns with Liberia’s national development plans, including President Boakai’s ARREST Agenda, and is intended to benefit ordinary citizens, strengthen development foundations, and create long-term value.
“This agreement carries the profound goodwill of the Chinese people in supporting Liberia’s path toward development and prosperity,” Yin said.
Addressing the ceremony, Minister Nyanti described the agreement as evidence of a strong and enduring partnership rooted in mutual respect, non-interference, and shared development goals.
“This grant goes beyond financial support; it represents China’s confidence in Liberia’s development path,” Nyanti said. “The government of Liberia is fully committed to transparency and accountability to ensure these resources deliver real and lasting benefits to our people.”
She praised China’s consistent development assistance and reaffirmed Liberia’s commitment to ensuring the effective and responsible implementation of the agreement.
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