China Development Bank provides EUR 100 million credit facility to BOAD for on-lending activities

€100M EUR

Funder	China Development Bank (CDB)
Recipient Organization	West African Development Bank (WADB/BOAD)
Country	Africa, regional
Start Date	Nov 04, 2015
End Date	May 29, 2033
Duration	6,416 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`85214`

Grant Description

China Development Bank provides EUR 100 million credit facility to BOAD for on-lending activities On November 4, 2015, China Development Bank and Banque Ouest Africaine de Developpement (BOAD, or the West African Development Bank) signed an EUR 100 million credit facility agreement.

📋 Loan / Grant Terms

💰 Loan Amountfacility are unknown

The proceeds were to be used by the borrower for on-lending purposes and for projects in the commercially-operated public sector and the private sector

📚 Sources & References

Annual Report 2015
ChinaLoansToAfrica©SAIS-CARI.csv
La BOAD bénéficie d’un concours de 100 millions d’euros de la Banque de Développement de Chine
EMISSION DE BONS PAR ADJUDICATIONMONTANT : 70 MILLIARDS FCFA 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.