Project ID: 87686

CIDCA donates 100 million RMB to Benin for unspecified purposes

Commitment amount

$ 16362001.540516099

Adjusted commitment amount

$ 16362001.54

Constant 2021 USD

Summary

Funding agency [Type]

China International Development Cooperation Agency (CIDCA) [Government Agency]

Recipient

Benin

Sector

Unallocated/unspecified (Code: 998)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (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

2019-01-01

Description

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.

Additional details

No Chinese official source can confirm the transaction amount.

Number of official sources

2

Number of total sources

8

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Benin [Government Agency]