Chinese Government pledges loan worth CFA 15 billion for unspecified projects

$25M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Republic of Congo
Country	Congo
Start Date	Jun 30, 2000
End Date	May 27, 2031
Duration	11,288 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`415`

Grant Description

Chinese Government pledges loan worth CFA 15 billion for unspecified projects On June 30, 2000, Mathias Dzon, the Congolese Finance Minister, reported that China had authorized a loan of CFA 15 billion francs at a preferential rate. No details were available on the terms of the loan, and the projects financed with this loan have yet to be determined.

📋 Staff Comments

The project may be related to project ID#12821, a CFA 20 billion loan pledged in August 2000.As it is unclear whether any loan went through or was formally committed, AidData has set project_status to pipeline_pledge.

📚 Sources & References

China to lend 15 bln CFA francs to Republic of Congo. 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.