China Eximbank loans $135 million for road, electricity, and water projects in Angola

$135M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jul 03, 2008
End Date	Jan 30, 2030
Duration	7,881 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`34752`

Grant Description

China Eximbank loans $135 million for road, electricity, and water projects in Angola On July 3, 2008, China Eximbank and the Government of Angola signed a $135 million loan agreement for unspecified road, electricity, and water projects. All other financing and implementation details are unknown.

📚 Sources & References

China-Angola aid relations: strategic cooperation for development?
China expands credit line to oil-rich Angola 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.