China grants 7 billion FCFA for 8 priority projects [UMBRELLA for #1548, #1549, #1372]
Commitment amount
$ 15846983.33
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Umbrella project
This project is classified as an "umbrella" project, and is connected to related projects.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Mali
Sector
Other multisector (Code: 430)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On April 15, 2011, China signed an agreement with Mali, under which China offered Mali a 7 billion FCFA grant (100 million yuan) in aid for 8 priority projects; the grant falls under the designation of economic and technical cooperation. The agreement was signed by Chinese Deputy Commerce Minister Fu Ziying and Malian Foreign Minister Soumeylou Boubeye Maiga. The Malian government will identify and carry out the projects. The grant would be used for the completion of 50 bore holes (#1548), extension of two primary schools (#1372) and a solar energy project (#1549). It is not clear what the other 5 priority projects are.
Number of official sources
2
Number of unofficial sources
4
Details
Cofinanced
No
Implementing agencies [Type]
Government of Mali [Government Agency]