Project ID: 85735

China Development Bank disbursed 29.9 million euros through credit facility agreement with BDEAC in 2013 (linked to #85213)

Commitment amount

$ 44782433.603629604

Adjusted commitment amount

$ 44782433.6

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Africa, regional

Sector

Other multisector (Code: 430)

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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-10-23

Description

On October 23, 2013, China Development Bank and the Development Bank of Central African States (BDEAC) signed an EUR30 million credit facility agreement (captured in Project ID#85213). The proceeds were to be used by the borrower for on-lending to small- and medium-sized enterprises — working in fields of agriculture, energy, transportation, infrastructure and industry — in Central African Economic and Monetary Community (CEMAC) member countries, which include Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo. CDB disbursed 29.9 million euros through this credit facility agreement in 2013 (captured by this project, #85735).

Number of official sources

6

Number of total sources

7

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Details

Cofinanced

No

Direct receiving agencies [Type]

Development Bank of Central African States (BDEAC) [Intergovernmental Organization]

Loan Details

Bilateral loan