China donates 115 million RMB to Equatorial Guinea for cooperation and security projects
Pledged amount
$ 18173167.98
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
Equatorial Guinea
Sector
Government and civil society (Code: 150)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On November 11, 2013, the Second Vice President, Teodoro Nguema Obiang Mangue and Vice President Li Yuanchao announced that China had agreed to increase cooperation and will donate a 115 million yuan (3.8 million CFA franc) grant to Equatorial Guinea for cooperation and security projects. Approximately 100 million yuan will go to finance cooperation projects and 15 million yuan will go to technical assistance in the field of defense and security. The exact sub projects are unclear.
Number of official sources
0
Number of unofficial sources
3
Details
Cofinanced
No
Receiving agencies [Type]
Government of Equatorial Guinea [Government Agency]