Active Development AidData Chinese Aid

China Eximbank provides $10 million USD government concessional loan for Phase II of Higher Education and Government Affairs Integrated Information System Project

$10M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Jan 01, 2010
End Date	Feb 02, 2028
Duration	6,606 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`2462`

Grant Description

China Eximbank provides $10 million USD government concessional loan for Phase II of Higher Education and Government Affairs Integrated Information System Project In 2010, China Eximbank signed an agreement committing to provide a $10 million USD government concessional loan (GCL) to the Government of Sudan for Phase II of the Higher Education and Government Affairs Integrated Information System Project.

📋 Loan / Grant Terms

💰 Loan Amountcarries a 15-year maturity

📅 Maturity15 years

⏳ Grace Period5 years

💹 Interest Rate2%

On 21 January 2011, Sudan's Council of Ministers approved of this GCL, and the Sudan legislature passed a law ratifying on 9 May 2011. This problem involved upgrading the information technology systems in the education and government sectors. All other project details are unknown.

📋 Staff Comments

The Chinese project title is 苏丹高等教育与政务综合信息系统项目（二期). The Arabic project title is اتفاقية قرض امتيازي حكومي بشان مشروع نظام المعلومات المتكامل للتعليم العالي والحكومة (See: تاريخ المصادقة). SAIS-CARI's Chinese Loans to Africa Database calls this the 'IT system for education and administration' project.The All Africa article posted on Factiva says that the loan was supposed to 'be repaid within 20-years.' The Chinese Loans to Africa Database says that the repayment term was 15-years. Therefore, we know that the grace period is 5-years.

📚 Sources & References

Cabinet Endorses 10 Million Dollars Loan Agreement With Chinese Bank for Exports And Imports
The Cabinet Approves a Report on Minerals and a Financing Agreement between Sudan Government & China, تاريخ المصادقة
Chinese Loans to Africa Database, تاريخ المصادقة 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.