China Extends Grant to Ease Agriculture Agency
Commitment amount
$ 6508395.364
Constant 2017 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Kenya
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On April 24, 2002 China extended a $3 million grant to the Kenyan government to help it pay outstanding debt owed by the Kenyan State Cereals Agency to local farmers and ease a crisis in the maize sector. Chinese Premier Zhu Rongji and Kenyan President Daniel Arap Moi signed the grant. A letter of intent from Kenya to the IMF in 2009 states that as of May 15 Kenya had received $3 million from China to assist the maize crisis. The exact locations and dates of the project are unknown.
Number of official sources
1
Number of unofficial sources
1
Details
Cofinanced
No
Receiving agencies [Type]
Government of Kenya [Government Agency]; National Cereals & Produce Board [Government Agency]