Loading grant details…
China Eximbank provides loan for Phase 1 of Angola Telecom Network Expansion Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | Jan 01, 2002 |
| End Date | Dec 02, 2032 |
| Duration | 11,293 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 206 |
Grant Description
China Eximbank provides loan for Phase 1 of Angola Telecom Network Expansion Project In 2002, China Eximbank provided a loan for Phase 1 of the Angola Telecom Network Expansion Project.
The proceeds of the loan were use to finance a $60 million commercial contract with Alcatel Shanghai Bell.
The purpose of the project was to expand the country’s telecommunication networks in the provinces of Namibe, Huile, Cunene, and Lunda Norte.
According to the agreement, Alcatel Shanghai Bell will provide Angola Telecom with S12 switching equipment, Litespan integrated access equipment, SDH622M and SDH155M and supporting equipment, optical cables, cables and other products.
It will also build one new satellite ground station, expand fur existing satellite ground stations, and undertake all user-oriented outside line project..This project was reportedly completed, but its exact project implementation start and end dates are unknown.
Staff Comments
- The Chinese project title is 扩建和优化安哥拉南部和东部的电信网络.
- This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
- For the time being, AidData assumes that this loan was issued in the form of a buyer's credit that financed 85% of the cost of the $60 million commercial contract. This issue warrants further investigation.
Sources & References
- Africa's ICT Infrastructure: Building on the Mobile Revolution
- High-quality Services in Telecommunication Market - Alcatel Shanghai Bell in Africa
- Chinese Financial Assistance in Angola
- 上海贝尔进入安哥拉电信市场
- 贝尔阿尔卡特成亚洲最大供应商
- Building Bridges: China's Growing Role as Infrastructure Financier for Sub-Saharan Africa
- Chinese Loans to Africa Database
- Africa’s ICT Infrastructure Building on the Mobile Revolution
- Africa Research Bulletin - Economic Financial and Technical Series Volume 45 No 7 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 Angola
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 GrantQuick Summary
Related Grants
