Chinese Ministry of Commerce provides USD 20 million for emergency food aid in Liberia (Linked to Project ID#55462 and #88529)
Commitment amount
$ 21796994.957573533
Adjusted commitment amount
$ 21796994.96
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Liberia
Sector
Developmental food aid/food security assistance (Code: 520)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
On September 3rd, 2018, while attending the Forum on China Africa Cooperation (FOCAC), the governments of Liberia and China signed an Economic and Technical Cooperation Agreement providing a grant of USD 54 million (RMB 320 million). Project ID #88529 captures the ETCA. The project is funded entirely by a grant from the Chinese Government and the Chinese Ministry of Commerce. According to Dr. Augustine Konneh, former director of the Foreign Service Institute at the Ministry of Foreign Affairs, the USD 54 million is complementary support to the ministerial complex project which was sealed in 2015. The funding was disbursed through a joint China Development Bank account that was established with the bank of Liberia. After the initial agreement in 2018, no further implementation progress can be found in the sources provided. Project ID#55462 captures the first half of the ETCA, the Two China-Aid Overpass Bridges Project.
Number of official sources
2
Number of total sources
7
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Liberia [Government Agency]