Project ID: 88033

CGCOC group and the Cotton and Cashew Council sign agreement for financing cashew production supplies

Summary

Funding agency [Type]

CGC Overseas Construction Co., Ltd. (CGCOC) [State-owned Company]

Recipient

Cote d'Ivoire

Sector

Agriculture, forestry, fishing (Code: 310)

Flow type

Vague TBD

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

2018-11-03

Description

On November 3, 2018, an agreement was signed between the CGCOC group and the Cote d'Ivoire Cotton and Cashew Council (CCA) on the export directly to China of 100,000 tonnes of cashew. This agreement also covers the supply of cotton and cashew producers with fertilizers, as well as the financing of the acquisition of processing equipment by CGCOC. The value of the fertilizer supplied and the amount of financing for the acquisition of the equipment is not known.

Additional details

Number of official sources

2

Number of total sources

3

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Details

Cofinanced

No

Direct receiving agencies [Type]

Cotton and Cashew Council of Ivory Coast [Miscellaneous Agency Type]