China provides 300 million RMB interest-free loan to Cote D'Ivoire in April 2002 (Linked to Record ID#498)

📋 Staff Comments

This was probably disbursed through an ETCA in which case MOFCOM would be the funding agency. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References

• Chinese Foreign Minister Inaugurates the New Year with Africa Tour
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• 江泽民主席与来访的科特迪瓦总统举行会谈
• 我援建科特迪瓦“议员之家”项目的施工合同正式签署
• 江泽民主席与科特迪瓦总统巴博举行会谈, http://global.factiva.com/aa/?ref=SCMCOM0020110403e7430000m&pp=1&fcpil=en&napc=S&sa_from=
• China writes off 40 percent of Ivory Coast debt 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.