People's Bank of China donates $1 million to BOAD for investment projects, study visits, business studies, and technical assistance
Commitment amount
$ 2031949.0852567037
Adjusted commitment amount
$ 2031949.09
Constant 2021 USD
Summary
Funding agency [Type]
People's Bank of China (PBC) [Government Agency]
Recipient
Africa, regional
Sector
Other multisector (Code: 430)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
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.
Number of official sources
3
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
West African Development Bank (WADB/BOAD) [Intergovernmental Organization]