Project ID: 85214

China Development Bank provides EUR 100 million credit facility to BOAD for on-lending activities

Commitment amount

$ 124467849.77235878

Adjusted commitment amount

$ 124467849.77

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Africa, regional

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2015-11-04

Description

On November 4, 2015, China Development Bank and Banque Ouest Africaine de Developpement (BOAD, or the West African Development Bank) signed an EUR 100 million credit facility agreement. The borrowing terms of the credit facility are unknown. The proceeds were to be used by the borrower for on-lending purposes and for projects in the commercially-operated public sector and the private sector

Number of official sources

3

Number of total sources

4

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Details

Cofinanced

No

Direct receiving agencies [Type]

West African Development Bank (WADB/BOAD) [Intergovernmental Organization]

Loan Details

Bilateral loan