Chinese Government commits $7.4 million in funding — through an ETCA — for unspecified activities

$7.4M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Ghana
Country	Ghana
Start Date	Sep 03, 2008
End Date	Dec 06, 2026
Duration	6,668 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`21604`

Grant Description

On 3 September 2008, Ghanaian President Kufuor signed a series of seven agreements with China.

Ghanaian Finance Minister Kwadwo Baah Wiredu and Chinese Deputy Minister of Commerce Fu Ziying initiated for their respective countries. An economic and technical cooperation agreement (ETCA) worth $7.4 million for was signed. The projects will be determined by the two governments. This agreement does not appear to be tied.

Among the other agreements were another $7.4 million USD agreement (Record ID#1878), a $270 million USD concessional loan for the Bui Hydro Power Dam, a $292 million USD agreement for the dam also from the Exim Bank of China, and an $8.2 million agreement for an ICT based distance learning program at the University of Ghana.

China is also providing Ghana 250,000 dollars for Anti Malaria Drugs.

📚 Sources & References

Fu Ziying Visits Ghana and Signs 5 Economic and Technological Agreements, http://global.factiva.com/aa/?ref=BBCAP00020080904e494001p5&pp=1&fcpil=en&napc=S&sa_from=
Ghana
China sign seven development agreements 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.