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
Project lifecycle
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
Details
Cofinanced
No
Receiving agencies [Type]
Government of Republic of Congo [Government Agency]