China provides 50 million RMB interest free loan (linked to #30613, #30225)
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]
Other social infrastructure and services (Code: 160)
On September 21, 2011, during a visit for the inauguration of a bridge built in Bamako, the Chinese Assistant Minister of Commerce Yu Jiahua signed an agreement with Mali's Minister of Foreign Affairs and International Cooperation Soumeylou Maiga Boubèye. One portion of the agreement was an interest-free loan worth 50 million RMB (approximately 3.6 billion CFA francs (XOF)). The total agreement was worth more than 54 billion CFA francs. The loan was projected to be used to finance projects identified by the Malian government to improve the population's living conditions.At the same time, the ministers signed two other agreements. The first was a grant agreement for development projects amounting to 70 million CNY (See Project #30613) and the second was a concessional loan for 619 million CNY for the construction of a hydroelectric plant (See Project #30225).
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Mali [Government Agency]