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China Development Bank disbursed 29.9 million euros through credit facility agreement with BDEAC in 2013 (Linked to Record ID#85213)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Development Bank of Central African States (BDEAC) |
| Country | Africa, regional |
| Start Date | Oct 23, 2013 |
| End Date | Mar 05, 2033 |
| Duration | 7,073 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 85735 |
Grant Description
China Development Bank disbursed 29.9 million euros through credit facility agreement with BDEAC in 2013 On October 23, 2013, China Development Bank and the Development Bank of Central African States (BDEAC) signed an EUR30 million credit facility agreement (captured in Record ID#85213).
The proceeds were to be used by the borrower for on-lending to small- and medium-sized enterprises — working in fields of agriculture, energy, transportation, infrastructure and industry — in Central African Economic and Monetary Community (CEMAC) member countries, which include Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo.
CDB disbursed 29.9 million euros through this credit facility agreement in 2013 (captured by this project, #85735).
Sources & References
- RAPPORT ANNUEL BDEAC 2013
- ChinaLoansToAfrica©SAIS-CARI.csv
- BANQUE DE DEVELOPPEMENT DES ETATS DE L’AFRIQUE CENTRALE
- Plan Strategique 2017-2022
- Allocution d’ouverture du Président de la Banque
- Visite de travail d’une délégation la Banque de Développement de Chine
- Visite de travail de la Banque de Développement de Chine 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
Development Bank of Central African States (BDEAC)
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