Chinese Government provides RMB 100 million grant and interest-free loan — through December 2011 ETCA — for unspecified purposes

¥100M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Democratic Republic of Congo
Country	Democratic Republic of the Congo
Start Date	Dec 22, 2011
End Date	Jun 25, 2029
Duration	6,395 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58825`

Grant Description

On December 22, 2011, the Chinese Government and the Government of the Democratic Republic of the Congo signed an economic and technical cooperation agreement (ETCA).

Under the terms of the ETCA, the Chinese Government agreed to provide an interest-free loan and grant, which together were worth RMB 100 million, to the Government of the Democratic Republic of Congo for unspecified purposes.

The breakdown between the provided loan and grant is unknown, and it is unclear if any of the proceeds from this loan or grant have been disbursed.

📚 Sources & References

La RDC et la Chine signent deux accords de coopération économique et technique de 100 millions de yuans
Allocution de l' Ambassadeur Wang Yingwu à la cérémonie de signature des accords de Coopération entre le Gouvernement chinois et le Gouvernement congolais
中国政府和刚果（金）政府签署两项经济技术合作协定 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.