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Active Development AidData Chinese Aid

China Eximbank, Huawei, and Argisol pledge loan worth 100 billion CFA for several projects


Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Democratic Republic of Congo
Country Democratic Republic of the Congo
Start Date Jan 01, 2016
End Date Jan 29, 2028
Duration 4,411 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 59084
Grant Description

China Eximbank, Huawei, and Argisol pledge loan worth 100 billion CFA for several projects In 2016, China Eximbank, Huawei, and Argisol agreed in principle to loan 100 billion CFA for several projects in the Democratic Republic of Congo, including projects related to government computerization and telecommunications, the construction of general hospitals, reference centers, health centers, and professional/technical schools.

It is unclear the amount each organization funded, as well as the status of the project.

📋 Staff Comments

AidData has not yet identified any evidence that this pledge resulted in any loan approvals.

📚 Sources & References
  • http://www.budget.gouv.cd/2012/budget2017/2_expose_general_plf_2017.pdf, http://www.budget.gouv.cd/2012/budget2017/projetb2017/document_2_expose_general_du_plf_2017.pdf, http://www.budget.gouv.cd/2012/budget2016/2_expose_general_plf_2016.pdf
  • EXPOSÉ GÉNÉRAL DU PROJET DE LOI DE FINANCES DE L’EXERCICE 2016
  • PROJET DE LOI DE FINANCES DE L’EXERCICE 2016
  • EXPOSÉ GÉNÉRAL DU PROJET DE LOI DE FINANCES DE L’EXERCICE 2016, budget citoyen 2016
  • EXPOSÉ GÉNÉRAL DU PROJET DE LOI DE FINANCES DE L’EXERCICE 2017
  • EXPOSÉ GÉNÉRAL DU PROJET DE LOI DE FINANCES DE L’EXERCICE 2017 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.
All Grantees

Government of Democratic Republic of Congo

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