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Active Development AidData Chinese Aid

MOFCOM signs ETCA with Sierra Leone Ministry of Foreign Affairs for trade improvement and nation-building purposes in February 2022


Funder China Ministry of Commerce
Recipient Organization Sierra Leone Ministry of Foreign Affairs and International Cooperation
Country Sierra Leone
Start Date Feb 11, 2022
End Date Nov 15, 2026
Duration 1,738 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 103124
Grant Description

MOFCOM signs ETCA with Sierra Leone Ministry of Foreign Affairs for trade improvement and nation-building purposes in February 2022 On February 11, 2022, Chinese ambassador to Sierra Leone, Hu Zhangliang, and Sierra Leone's Minister of Foreign Affairs and International Cooperation, Professor David John Francis, signed an Economic and Technical Cooperation Agreement (ETCA).

The purpose of the ETCA is to decrease trade costs, strengthen purchasing power of consumers in both countries, improve availability of goods and services, and facilitate nation building.

The specific projects that will fall under this ETCA are unknown, as well as the amount and type of financing the agreement entails.

📋 Staff Comments
  1. Although the source does not explicitly identify MOFCOM, all ETCAs are issued by MOFCOM and must be coded accordingly.
  2. This project is correctly flagged as “Pipeline: Commitment” and “Umbrella = True” due to the nature of the agreement.
  3. Loan terms are applied per China's standard interest-free loan conditions: 0% interest, 20-year maturity, 10-year grace period.
📚 Sources & References

Sierra Leone Signs Economic and Technical Cooperation agreements with 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.

All Grantees

Sierra Leone Ministry of Foreign Affairs and International Cooperation

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