Completed Development AidData Chinese Aid

China Eximbank provides RMB 1.03 billion government concessional loan for Phase 1 of the Bamako-Ségou Road Rehabilitation Project (Linked to Record ID#58571)

¥1.03M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Mali
Country	Mali
Start Date	Dec 30, 2010
End Date	Dec 21, 2032
Duration	8,027 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`1544`

Grant Description

China Eximbank provides RMB 1.03 billion government concessional loan for Phase 1 of the Bamako-Ségou Road Rehabilitation Project On September 27, 2010, the Chinese Government and the Government of Mali signed a concessional loan framework agreement for Phase 1 of the Bamako-Ségou Road Rehabilitation Project.

Then, on December 30, 2010, China Eximbank and the Government of Mali signed an RMB 1,030,000,000 government concessional loan (GCL) agreement for the project.

📋 Loan / Grant Terms

📅 Maturity18.8028 years

⏳ Grace Period7.3028 years

💹 Interest Rate0.8171%

The proceeds from the GCL were used to be used by the borrower to finance a commercial contract between China Road and Bridge Corporation (CRBC) and Mali’s Ministry of Equipment and Transportation, which was signed on December 2, 2009.

Phase 1 involved the rehabilitation of a 218 kilometer segment of National Road 6 (RN6) from the city of Bamako to the city of Ségou. China Road and Bridge Corporation was the contractor responsible for implementation. A formal groundbreaking ceremony took place on October 25, 2010. However the project did not officially start until November 18, 2011.

The project was temporarily suspended due to a military coup in 2012 and then delayed significantly due to an armed rebellion in Northern Mali in 2013 and the Ebola outbreak of 2014. The project was ultimately completed when the road was opened to traffic on January 13, 2015. As a result of this project, travel time from Bamako to Ségou fell from 4 hours to 2 hours.

📋 Staff Comments

The French project title is Rehabilitation de la Route Existante Bamako-Segou Phase I or le Projet de la Réhabilitation de la Route Existante Bamako-Ségou en 1X2 Voies or Projet de réhabilitation de la route Bamako-Ségou. The Chinese project title is 巴马科－赛古公路 or 巴马科—塞古公路整治项目 or 马里巴塞一期项目 or 承建的马里巴马科—塞古道路改造工程一期项目.
In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it identifies the face value of the China Eximbank loan that supported this project as $346 million. AidData relies on the face value (RMB 1,030,000,000 or approximately $151 million) of the loan agreement that was signed by China Eximbank and the Government of Mali on December 30, 2010.
According to the World Bank's Debtor Reporting System (DRS), the weighted average maturity of all official sector lending from Chinese creditors to government and government-guaranteed borrowing institutions in Mali was 18.8028-years in 2010. AidData estimates the maturity of the China Eximbank loan that supported Phase 1 of the Bamako-Ségou Road Rehabilitation Project by using this figure. See https://www.dropbox.com/scl/fi/cujt9ufun0n79texgwmdr/February-2025-IDS-Extraction-Mali-s-Official-Sector-and-Private-Sector-PRC-Borrowings-and-Borrowing-Terms.xlsx?rlkey=51bkgjbp345u3409irrbpt8mm&dl=0 4. According to the World Bank's Debtor Reporting System (DRS), the weighted average grace period of all official sector lending from Chinese creditors to government and government-guaranteed borrowing institutions in Mali was 7.3028-years in 2010. AidData estimates the grace period of the China Eximbank loan that supported Phase 1 of the Bamako-Ségou Road Rehabilitation Project by using this figure. See https://www.dropbox.com/scl/fi/cujt9ufun0n79texgwmdr/February-2025-IDS-Extraction-Mali-s-Official-Sector-and-Private-Sector-PRC-Borrowings-and-Borrowing-Terms.xlsx?rlkey=51bkgjbp345u3409irrbpt8mm&dl=0 5. According to the World Bank's Debtor Reporting System (DRS), the weighted average interest rate of all official sector lending from Chinese creditors to government and government-guaranteed borrowing institutions in Mali was 0.8171% in 2010. AidData estimates the interest rate of the China Eximbank loan that supported Phase 1 of the Bamako-Ségou Road Rehabilitation Project by using this figure. See https://www.dropbox.com/scl/fi/cujt9ufun0n79texgwmdr/February-2025-IDS-Extraction-Mali-s-Official-Sector-and-Private-Sector-PRC-Borrowings-and-Borrowing-Terms.xlsx?rlkey=51bkgjbp345u3409irrbpt8mm&dl=06. China Eximbank is also financing Phase 2 of the Bamako-Segou Road Rehabilitation Project (captured in Record ID#58571).

📚 Sources & References

http://www.essor.ml/actualite/article/autoroute-bamako-segou-les-travaux, http://uk.reuters.com/article/2009/02/13/china-africa-idUKLD12476820090213, http://www.yuloo.com/news/1010/506801.shtml
Mali says wins $154 mln in Chinese soft loans
Bamako-Segou Highway Project: A Decisive Step Is Reached
Mali-China Cooperation: Financing of 103 Billion FCFA
Bamako-Segou: Highway that Will Change Everything
Bamako-Segou Highway: The Work Restarts
中马签订四项协定
Four agreements, including economic and technological cooperation between China and Mali, signed in Bamako
Mali’s Minister of Equipment and Transport inspects my Bamako Segu highway project
Progress in the Mali Bama Kosek Highway Project
Control and supervision of works
Mali: adoption of two projects to be carried out by Chinese companies
Cao Zhongming
Ambassador of Mali, visited the site of the Bamako-Seigu Highway Project
Cao Zhongming
Ambassador of Mali, inspected the site of the Bamako-Seigu Highway Renovation Project
Mali’s Minister of Equipment and Transport inspects my Bamakosei highway project on site
马里巴马科塞古公路项目取得进展
中马双方共同视察我巴马科塞古公路项目
China-Malaysia Signs Concession Loan Framework Agreement for Saigu Highway Renovation Project
中交集团承建马里巴塞一期项目全线通车
中国马里签署巴马科－赛古公路整治项目优惠贷款框架协议
Autoroute de Bamako-Segou: Plus de 68% des travaux realises
Autoroute Bamako-Segou : La phase I terminée à 98 %
JOURNAL OFFICIEL DE LA REPUBLIQUE DU MALI
中国路桥承建的马里巴塞一期项目全线通车
马里巴塞一期项目全线通车
Several Media of Mali Make Reports on le Projet de la Réhabilitation de la Route Existante Bamako-Ségou en 1X2 Voies
公司马里巴马科-塞古公路项目开工
Module centrale_vf .CRMT2017-2019.xlsx
Building Bridges: China's Growing Role as Infrastructure Financier for Sub-Saharan Africa
SPEECH BY THE AMBASSADOR OF CHINA IN MALI CAO ZHONGMING AT THE RECEPTION OFFERED ON THE OCCASION OF THE CHINESE NATIONAL DAY 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

Government of Mali

Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant