Overview

People's Bank of China donates $1 million to BOAD for investment projects, study visits, business studies, and technical assistance

Commitments (Constant USD, 2023)$1,876,516

Commitment Year•2006Country of Activity•Africa, regionalDirect Recipient Country of Incorporation•Africa, regionalSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Nov 23, 2006

Stakeholders

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

Funding agencies

Government Agencies

People's Bank of China (PBC)

Receiving agencies

Intergovernmental Organizations

West African Development Bank (WADB/BOAD)

Loan desecription

People's Bank of China donates $1 million to BOAD for investment projects, study visits, business studies, and technical assistance

Narrative

Full Description

Project narrative

On November 23, 2006, the People's Bank of China signed a $1 million (550 million CFA francs) grant (‘technical cooperation’) agreement with the Banque Ouest Africaine de Développement (BOAD or West African Development Bank). The funds were to be used to support Chinese technical assistants working with the BOAD, as well as for investment projects, study visits, and business studies. It is not clear whether or when this project was implemented.