Project ID: 30666

China signs Economic and Technical Cooperation Agreement loaning 20 million RMB interest-free to Mali

Commitment amount

$ 4105681.644

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

Unallocated/unspecified (Code: 998)

Flow type

Loan

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

Implementation

2006

2006-11-04

Actual start

Commitment year

2007

Completion

2006

2006-11-06

Actual

NOTE: This project began implementation and then later secured financing from a Chinese funding agency to continue project implementation

Description

Between 4 and 6 November 2006 during the Sino-African Summit in Beijing, Malian President Amadou Toumani Toure and Chinese President Hu Jintao witnessed the signing of five agreements including an Economic and Technical Cooperation Agreement (ETCA) in which China committed to loan 20 million RMB interest-free (approximately 1.545 million CFA) for unspecified purposes. The other agreement signed on the same day is captured in ETCA #30667.

Number of official sources

1

Number of unofficial sources

1

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Mali [Government Agency]

Loan type

Interest-Free

Interest rate

0.0%

Gurarantee provided

No

Insurance provided

No