Overview

Chinese Government pledges loan worth CFA 90 billion to reinforce drinking water supply

Commitments (Constant USD, 2023)$160,441,510

Commitment Year•2019Country of Activity•Burkina FasoDirect Recipient Country of Incorporation•Burkina FasoSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2019

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Burkina Faso

Loan desecription

Chinese Government pledges loan worth CFA 90 billion to reinforce drinking water supply

Interest type•Unknown

Narrative

Full Description

Project narrative

According to a 2019 IMF report, the Chinese Government was expected to provide a CFA 90 billion concessional loan to the Government of Burkina Faso in 2019. The loan is for the "Project to reinforce drinking water supply systems in the cities of Pouytenga, Koupéla, Bogandé, Boulsa, and Zorgho drawing on the Bilanga dam, and in the cities of Tenkodogo, Garango, Bittou and Bagré drawing on the Bagré dam+B21.

Staff comments

The terms and status of the loan are unknown.