Chinese Government pledges ZAR 500 million energy development assistance grant to South Africa in August 2023

$500K USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of South Africa
Country	South Africa
Start Date	Aug 22, 2023
End Date	May 21, 2029
Duration	2,099 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`107622`

Grant Description

On August 22, 2023, President Cyril Ramaphosa announced China had pledged a ZAR 500 million grant for development assistance during the BRICS summit in South Africa.

The grant is part of China's assistance with South Africa's energy crisis, and was accompanied by a pledge for a donation of ZAR 167 million worth of energy equipment (captured via Record ID#107621).

The grant proceeds are expected to help with infrastructure repair, and to provide technical consultants for development from China.

📚 Sources & References

Opening Remarks by President Cyril Ramaphosa at the Official Talks on the occasion of the State Visit by Chinese President Xi Jinping
Union Buildings
Tshwane, 22 August 2023, 'The donation is exactly that': Ramokgopa clears the air on China's R170m donation to South Africa
Ramokgopa clarifies China’s donation, ‘No strings attached’ to China’s help to end the power crisis
R500m grant won’t end power crisis soon
Energy equipment donation to be received by Electricity Minister 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.