Common Contracts

Re: Republic of Angola: Advance Agreement for Preparation of Proposed Tertiary Education, Science, and Technology Project

Advance Agreement • July 6th, 2023

• Contract Type
  Advance Agreement
• Filed
  July 6th, 2023

In response to the request for financial assistance made on behalf of Republic of Angola (“Recipient”), I am pleased to inform you that the International Bank for Reconstruction and Development (“Bank”) proposes to extend to the Recipient an advance out of the Bank’s Project Preparation Facility in an amount not to exceed six million Dollars ($ 6,000,000) (“Advance”) on the terms and conditions set forth or referred to in this letter agreement (“Agreement”), which includes the attached Annex, to assist in financing the activities described in the Annex (“Activities”). The objective of the Activities is to facilitate the preparation of a proposed project designed to improve equity and quality in higher education, expand teacher preparation programs, and strengthen the enabling environment for higher education (“Project”), for the carrying out of which the Recipient has requested the Bank’s financial assistance.