China donates 115 million RMB to Equatorial Guinea for cooperation and security projects

¥115M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Equatorial Guinea
Country	Equatorial Guinea
Start Date	Nov 11, 2013
End Date	Apr 25, 2030
Duration	6,009 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30921`

Grant Description

On November 11, 2013, the Second Vice President, Teodoro Nguema Obiang Mangue and Vice President Li Yuanchao announced that China had agreed to increase cooperation and will donate a 115 million yuan (3.8 million CFA franc) grant to Equatorial Guinea for cooperation and security projects.

Approximately 100 million yuan will go to finance cooperation projects and 15 million yuan will go to technical assistance in the field of defense and security. The exact sub projects are unclear.

📚 Sources & References

China To Increase Cooperation In EquatorialGuinea
China will fund more projects with Equatorial Guinea
China will fund more projects with Equatorial Guinea 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.