Chinese government donates 3,963,880,000 XAF to the Congo

$6.61M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Republic of Congo
Country	Congo
Start Date	Jan 01, 2011
End Date	Apr 14, 2030
Duration	7,043 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30507`

Grant Description

In 2011, the People's Republic of China donated 3,963,880,000 CFA francs to the Republic of Congo.

The related agreement was signed on December 29 in Brazzaville by the Chinese Ambassador to Congo, Li Shu Li, and the Congolese Minister of Finance, Budget, and Public Portfolio, Gilbert Ondongo.

The donation is intended to fund projects that would be determined later by the two parties, according to the Secretariat of the Chinese Follow-up Committee of the Forum on China-Africa Cooperation.

📚 Sources & References

Congo: La Chine fait don de 3 milliards de FCFA aux déplacés du Poolhttps://lesechos-congobrazza.com 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.