China Extends N$720 million credit line to the Namibian government
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.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Unallocated/unspecified (Code: 998)
In February 2007, during Chinese President Hu Jintao's African tour, he offered the Namibian government N$720 million as a credit line, among other financial assistance and cooperation agreements established during the same visit. It is unclear whether or not the Namibian government will use the line of credit and to what sector it will be applied. It will be used to purchase goods, services, and equipment from the Chinese.
Number of official sources
Number of unofficial sources
Implementing agencies [Type]
Government of Namibia [Government Agency]