Chinese Government provides a RMB 50 million interest-free loan to Angola for unspecified purposes

¥50M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Angola
Country	Angola
Start Date	Feb 25, 2005
End Date	Jul 19, 2027
Duration	8,179 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58`

Grant Description

Chinese Government provides a RMB 50 million interest-free loan to Angola for unspecified purposes On or around February 25, 2005, during the visit of Chinese Vice-Premier Zeng Peiyan to Angola, the Chinese Government and the Government of Angola signed a RMB 50 million (~$6.3 million USD) interest-free loan agreement for unspecified purposes.

📚 Sources & References

China in Africa
China grants Angola 6m-dollar interest-free loan
Assessing the Chinese Influence in Ghana Angola, and Zimbabwe: The Impact of Politics
Partners, and Petro 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.