Chinese Government provides RMB 40 million grant — through May 2009 ETCA — for unspecified purposes

¥40M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Democratic Republic of Congo
Country	Democratic Republic of the Congo
Start Date	May 28, 2009
End Date	May 17, 2028
Duration	6,929 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58826`

Grant Description

On May 28, 2009, the Chinese government signed a memorandum of understanding with the government of Democratic Republic of Congo for the provision of a grant worth 40 million RMB.

This financial assistance from China will be used to carry out new development projects to be determined by the Congolese government. The memorandum of understanding was signed at the end of the 8th session of the DRC China joint commission. The purpose of the funds was unspecified, and it is unclear whether the funds have been disbursed.

📋 Staff Comments

While this project is described as being through an MoU, it was also coded as an ETCA due to the source's mention of the involvement of China's Ministry of Commerce and its desire to 'continue to provide technical assistance to the DRC.'

📚 Sources & References

Kinshasa: DRC and China Sign New $ 6 Million Agreement 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.