Project ID: 30507

Chinese government donates 3,963,880,000 XAF to the Congo

Commitment amount

$ 8973648.613

Constant 2017 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Congo

Sector

Unallocated/unspecified (Code: 998)

Flow type

Grant

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2011

Description

In 2011, the People's Republic of China donated 3,963,880,000 CFA francs to the Republic of Congo. The related agreement was signed on December 29 in Brazzaville by the Chinese Ambassador to Congo, Li Shu Li, and the Congolese Minister of Finance, Budget, and Public Portfolio, Gilbert Ondongo. The donation is intended to fund projects that would be determined later by the two parties, according to the Secretariat of the Chinese Follow-up Committee of the Forum on China-Africa Cooperation.

Number of official sources

0

Number of unofficial sources

1

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Republic of Congo [Government Agency]