Grant Description
China Eximbank provides RMB 355 million loan for 25MW Donsin Photovoltaic Solar Power Plant Construction Project On September 29, 2023, China Eximbank and the Government of Burkina Faso signed an RMB 355,090,000 loan agreement for the 25MW Donsin Photovoltaic Solar Power Plant Construction Project.
📋 Loan / Grant Terms
💰 Loan Amountinclude a 20-year maturity
📅 Maturity20 years
⏳ Grace Period5 years
💹 Interest Rate1%
💳 Disbursementbalance
The loan agreement was ratified by the 71 deputies that sit within Burkina Faso’s transitional legislative assembly in May 2024.
The purpose of the project is to construct a 25MW photovoltaic solar power plant at Donsin airport in the Loumbila district of Oubritenga province.
Another feature of the project is the inclusion of a 5MW battery energy storage system (BESS) to support energy reliability in the project area.
The project was originally expected to commence in January 2024 and take 15 months to complete (scheduled completion date: March 2025). However, in April 2024, the government of Burkina Faso reported that the project was 3 months behind schedule.
The developer, TBEA, agreed to begin work using capital stock as soon as the project was approved in order to make up for the delay.
As of April 2025, the project was listed as being 50% complete, but further evidence of implementation has not been found.
📋 Staff Comments
📚 Sources & References
- Coopération : en fin de mission l'ambassadeur de Chine fait Officier de l'ordre de l'Etalon
- Coopération : en fin de mission l'ambassadeur de Chine fait Officier de l'ordre de l'Etalon
- Coopération République populaire de Chine-Burkina Faso
- 清洁能源合作照亮中非光明未来
- BURKINA FASO : un prêt chinois de 45 M€ pour la centrale solaire de Donsin
- Burkina: Parliament ratifies a Chinese loan of 30 billion FCFA for the construction of the Donsin solar power plant
- Donsin Solar Power Station
- RAPPORT D'ACTIVITIES 2022
- Assemblée législative de Transition : les députés ratifient à l’unanimité un accord de prêt pour le Projet de promotion de la finance inclusive et une convention de prêt dans le domaine de l’énergie solaire
- Official sector PRC borrowings and borrowing terms for Burkin
- EXPOSE DES MOTIFS DU PROJET DE LOI PORTANT AUTORISATION DE RATIFICATION DE LA CONVENTION DE PRET CONCESSIONNEL SIGNEE LE 29 SEPTEMBRE 2023
- ENTRE LE BURKINA FASO ET LA BANQUE EXPORT IMPORT DE CHINE (EXIMBANK) POUR LE FINANCEMENT DU PROJET DE CONSTRUCTION DE LA CENTRALE SOLAIRE DE 25MWc avec 5MW/20MWH DE STOCKAGE A DONSIN
- PROVINCE DE L'OUBRITENGA
- REGION DU PLATEAU CENTRAL
- Chinese Loans to Africa Database (2022 Update)
- RAPPORT N°2024-008/ALT/COMFIB
- RAPPORT POUR AVIS
- RAPPORT POUR AVIS
- Catalogue des projets de la SONABEL
- Construction de la centrale_solaire de Donsin: L’Assemblée Législative de Transition valide la loi de financement de près de 30 milliards de FCFA
- Décret No 2024-0496
- 第三届“一带一路”国际合作高峰论坛务实合作项目清单
- 第三届“一带一路”国际合作高峰论坛务实合作项目清单
- List of Practical Cooperation Deliverables of the Third Belt and Road Forum for International Cooperation
- 第三届“一带一路”国际合作高峰论坛务实合作项目清单
- 第三届“一带一路”国际合作高峰论坛务实合作项目清单(附件二全文)
- 第三届“一带一路”国际合作高峰论坛务实合作项目清单
- Chinas Global Energy Finance
- China's Overseas Development Finance
- Title of the law: Law No. 004-2024/ALT of April 16, 2024 authorizing the ratification of the concessional loan agreement signed on September 29, 2023, between Burkina Faso and the Export Import Bank of China (EXIMBANK) for the financing of the construction project of the 25MWC solar power plant with 5MW/20MWH storage in Donsin, in the province of Oubritenga, central plateau region
- Bulletin Statistique de la Dette Publique 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.