Chinese Government pledges CFA 4 billion in interest-free loans to Mali (Linked to Record ID#30993)

¥6.67M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Mali
Country	Mali
Start Date	May 13, 2013
End Date	Oct 17, 2027
Duration	5,270 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30994`

Grant Description

Chinese Government pledges CFA 4 billion in interest-free loans to Mali On May 13, 2013, the Chinese Government announced that it would provide RMB 400 million (CFA 31.9 billion francs) in aid to Mali, including CFA 4 billion francs in interest-free loans (as captured by this project) and CFA 27.9 billion francs in a grant (as captured by Record ID#30993) to aid in reconstruction efforts, improve Mali's economy, finance joint projects, and provide humanitarian aid.

📚 Sources & References

China issues CFA31.9billion for Mali\'s reconstruction
Mali : le grand ami chinois débloque 31,9 milliards de franc CFA 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.