Chinese Government provides $3.8 million interest-free loan for unspecified purposes

$3.8M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of the Central African Republic
Country	Central African Republic
Start Date	Jan 01, 2007
End Date	Oct 19, 2028
Duration	7,962 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`383`

Grant Description

Chinese Government provides $3.8 million interest-free loan for unspecified purposes In 2007, the Chinese Government, represented by Chinese Foreign Minister Li Zhaoxing, signed a series of agreements with the Government of Central African Republic, including a $3.8 million USD interest-free loan. It is unclear how the proceeds of this loan were used.

📚 Sources & References

Chinese Foreign Minister in Central African Republic Visit
Chinese Loans to Africa Database
China agrees to forgive Central African Republic debt / China gives CAR $15 mln debt relief, aid / China's FM in Central African Republic, continues African offensive 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.