While the project's private sponsors, the Upstream Consortium, provided about 95% ($2.2 billion) of the financing for the pipeline, the World Bank also contributed through debt financing. The International Finance Corporation (IFC) provided a loan of about $100 million, $85.8 million of which went to COTCO and $14.2 million of which went to TOTCO, and also helped secure an additional $300 million in private commercial lending. The International Bank for Reconstruction and Development (IBRD) provided $92.9 million to Chad ($39.5 million) and Cameroon ($53.4 million) to finance the joint-venture pipeline companies. Last of the World Bank-provided financing was given through the European Investment Bank, which provided $46.6 million to finance Cameroon and Chad's equity in COTCO and TOTCO.