China commits 200 million XAF to Cameroon for unidentified projects

$200M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Cameroon
Country	Cameroon
Start Date	Apr 04, 2003
End Date	Sep 27, 2030
Duration	10,038 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`281`

Grant Description

On April 4, 2003 the Chinese Vice Minister of Foreign Affairs Yang Wenchang and Cameroonian Minister delegate the Ministry of Foreign Affairs in charge of Commonwealth Affairs Dion Ngute signed an accord for a grant worth 200 million XOF. The grant was not attributed to a specific project at the time of the accord signing.

Instead, the countries would each agree on suitable projects and continue talks. Follow up about the grant does not reveal any evidence of how it was used.

It is possible that the grant was later allocated to major projects in Cameroon, particularly a 30 billion CFA project to build 3 hydroelectric dams #289, which was decided upon in November 2003.

📚 Sources & References

http://www.scribd.com/doc/12824989/CRS-Report-China-and-SubSaharan-Africa
More Chinese Aid To Develop Cameroon., http://global.factiva.com/aa/?ref=afnws00020030408dz470039d&pp=1&fcpil=en&napc=S&sa_from= Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.