CDB pledges to finance rehabilitation of provincial hospital in Cabinda (Linked to Record ID#66847)

Funder	China Development Bank (CDB)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2015
End Date	Nov 23, 2033
Duration	6,901 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`66852`

Grant Description

CDB pledges to finance rehabilitation of provincial hospital in Cabinda In 2015, China Development Bank provided a $15 billion loan facility to Angola (see Record ID#66847). This loan facility reportedly financed the rehabilitation of a provincial hospital in Cabinda. In 2018, authorities were reported as still trying to activate the credit line for this project.

It is unclear if any financing from the loan facility was committed or disbursed to this project.

📋 Staff Comments

Further project details, including transaction amount, are unclear.

📚 Sources & References

Minister of Finance pledges payment of structuring works in Cabinda 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.