China provides 16.8 billion CFA loan for priority projects in Mali
Commitment amount
$ 33516952.02
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 social infrastructure and services (Code: 160)
Flow type
Loan
Concessional
Vague
Category
Project lifecycle
Description
On December 5, 2012, Mali and China signed a loan agreement worth 16.8 billion FCFA to finance priority projects to improve the people's standard of living in Mali. The loan agreement was signed in Bamako, the Malian capital, by Malian Minister of Foreign Affairs and International Cooperation, Tieman Coulibaly, and Chinese Ambassador to Mali Cao Zong Ming. The same day, an agreement was signed for a loan to purchase office equipment and vehicles (See Project #30410).
Number of official sources
0
Number of unofficial sources
1
Details
Cofinanced
No
Receiving agencies [Type]
Government of Mali [Government Agency]
Accountable agencies [Type]
Loan type
No Information
Gurarantee provided
Yes
Insurance provided
No