Project ID: 92320

China Eximbank provides $50 million bilateral loan to Afreximbank for on-lending purposes in September 2016

Commitment amount

$ 59040225.41792335

Adjusted commitment amount

$ 59040225.42

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Africa, regional

Sector

Banking and financial services (Code: 240)

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2016-09-12

Description

On September 12, 2016, the African Export-Import Bank (Afreximbank) signed a $50 million bilateral term loan facility agreement with the Shanghai Branch of Export-Import Bank of China (Chian Eximbank). The borrowing terms of the Loan are unknown.

Additional details

Number of official sources

1

Number of total sources

4

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

African Export-Import Bank (Afreximbank) [Intergovernmental Organization]

Implementing agencies [Type]

African Export-Import Bank (Afreximbank) [Intergovernmental Organization]

Loan Details

Bilateral loan