China commits 200 million XAF to Cameroon for unidentified projects
Commitment amount
$ 727789.3013
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
Cameroon
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On April 4, 2003 the Chinese Vice Minister of Foreign Affairs Yang Wenchang and Cameroonian Minister delegate the Ministry of Foreign Affairs in charge of Commonwealth Affairs Dion Ngute signed an accord for a grant worth 200 million XOF. The grant was not attributed to a specific project at the time of the accord signing. Instead, the countries would each agree on suitable projects and continue talks. Follow up about the grant does not reveal any evidence of how it was used. It is possible that the grant was later allocated to major projects in Cameroon, particularly a 30 billion CFA project to build 3 hydroelectric dams #289, which was decided upon in November 2003.
Number of official sources
0
Number of unofficial sources
3
Details
Cofinanced
No
Receiving agencies [Type]
Government of Cameroon [Government Agency]