Overview

CIDCA donates 100 million RMB to Benin for unspecified purposes

Commitments (Constant USD, 2023)$15,115,778

Commitment Year•2019Country of Activity•BeninDirect Recipient Country of Incorporation•BeninSector•Unallocated/unspecifiedFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

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

Funding agencies

Government Agencies

China International Development Cooperation Agency (CIDCA)

Receiving agencies

Government Agencies

Government of Benin

Loan description

CIDCA donates 100 million RMB to Benin for unspecified purposes

Narrative

Full Description

Project narrative

On June 24, 2019, the Beninese Minister of Foreign Affairs and Cooperation Aurélien Agbénonci signed a financial assistance agreement in Beijing, China with the Director-General of the Chinese International Development Cooperation Agency, covering an amount of 100 million yuan (CFAF 8 billion) donation. While it is unclear how the money will be spent, it is said to be used on “priority projects”. This visit to China was a part of the Meeting of Coordinators for the Implementation of Follow-up Actions to the Beijing Summit of the Forum on Chinese-African Cooperation on 24 and 25 June 2019.

Staff comments

No Chinese official source can confirm the transaction amount.