Chinese Government provides CFA 18 billion — via ETCA — for unspecified projects

$30M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Côte d'Ivoire (Ivory Coast)
Country	Cote d'Ivoire
Start Date	Jun 24, 2019
End Date	Jun 16, 2031
Duration	4,375 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`88129`

Grant Description

On June 24, 2019, Ivorian Minister of Foreign Affairs, Amon Tanoh, and his Chinese counterpart, Yang Jiechi, signed an Economic and Technical Cooperation Agreement (ETCA), which committed CFA 18 billion ($31.2 million) of grant funding for unspecified projects.

📋 Staff Comments

1. On the same day, the Chinese Government and the Government of Côte d'Ivoire signed a debt cancellation agreement (captured via Project ID#88128).

📚 Sources & References

Côte d’Ivoire secures $31 mln donation and $34 mln in debt relief from China
Côte d’Ivoire : La Chine annule 20 milliards FCFA de dette et octroie 18 milliards FCFA en don
Côte d’Ivoire secures $31 mln donation and $34 mln in debt relief from China 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.