Project ID: 58

Chinese Government provides a RMB 50 million interest-free loan to Angola for unspecified purposes

Commitment amount

$ 11493911.02

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

Angola

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

Commitment year

2005

Description

On or around February 25, 2005, during the visit of Chinese Vice-Premier Zeng Peiyan to Angola, the Chinese Government and the Government of Angola signed a RMB 50 million (~$6.3 million USD) interest-free loan agreement for unspecified purposes (see timeframe and RMB at 'China grants Angola 6m-dollar interest-free loan'; see agreement at '7. China's Energy Footprint in Africa' tab in 'China in Africa').

Number of official sources

1

Number of unofficial sources

2

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Angola [Government Agency]

Loan type

Interest-Free

Interest rate

0.0%

Gurarantee provided

No

Insurance provided

No