AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In April 2011, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services for the construction of the express highway between Luanda and Kifangondo.The post-export credit agreement was signed on 6 April 2011. The loan amount is USD 37.22 million at an annual interest rate of 4.65 percent. The loan matured in August 2011.
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