Project ID: 88160

Chinese Government signs 60 billion CFA franc loan agreement in 2011

Commitment amount

$ 156418302.62335077

Adjusted commitment amount

$ 156418302.62

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Gabon

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

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

2011-08-01

Description

In 2011, the governments of Gabon and China signed a loan agreement of 60 billion CFA francs (around 95 million euros) for the modernization and strengthening of the electricity network of the Gabonese capital. It is also about securing the transport network of Libreville and its region. More details of the loan and its current status are unknown.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Gabon [Government Agency]

Loan Details

Bilateral loan

Investment project loan