Loading grant details…
MOFCOM provides $2.5 million interest-free loan for unspecified purposes
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Guinea |
| Country | Guinea |
| Start Date | Jan 01, 2006 |
| End Date | Nov 21, 2029 |
| Duration | 8,725 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 73871 |
Grant Description
MOFCOM provides $2.5 million interest-free loan for unspecified purposes In 2006, China's Ministry of Commerce (MOFCOM) signed a $2,508,551.30 loan agreement with the Republic of Guinea.
It is unclear whether or for what purpose(s) the loan proceeds were disbursed.
Staff Comments
1. The face value and borrowing terms of the loan are drawn from the World Bank's Debtor Reporting System (DRS). See https://www.dropbox.com/s/jh3ypyfvbm2i7yh/Data_Extract_From_International_Debt_Statistics.xlsx?dl=0 and https://www.dropbox.com/s/949n5rctiue6d7c/IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments.xlsx?dl=0 and https://www.dropbox.com/s/ab8qt4n6jijcbhd/IDS_Average%20interest%20on%20new%20external%20debt%20commitments.xlsx?dl=0
Sources & References
- ChinaLoansToAfrica©SAIS-CARI
- Les relations entre la Guinée et la Chine: Commerce, investissement et aide
- Debtor Reporting System (DRS)
- IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments
- IDS_Average interest on new external debt commitments
- China Loans to Africa 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 Guinea
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
