MOFCOM signs ETCA with Cameroon's Ministry of Water Resources and Energy (MINEE) for 50 million CNY grant (linked to #35583)
Commitment amount
$ 8927589.054
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]
China Ministry of Commerce [Government Agency]
Recipient
Cameroon
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On 24 March 2010, China's Ministry of Commerce signed an Economic and Technical Cooperation Agreement (ETCA) with Cameroon's Ministry of Water Resources and Energy (MINEE) extending a 50 million CNY grant in addition to a 50 million CNY interest-free credit (captured in linked ProjectID#35583).
Additional details
MOFCOM is the funder but the grant proceeds were to be disbursed through a CDB account established with a host country bank.
Number of official sources
4
Number of unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Cameroon Ministry of Water Resources and Energy (MINEE) [Government Agency]
Implementing agencies [Type]
China Development Bank (CDB) [State-owned Policy Bank]