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Active Development AidData Chinese Aid

MOFCOM provides RMB 30 million interest-free loan to Ethiopia for unspecified purposes in September 2010

¥30M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Ethiopia
Country Ethiopia
Start Date Sep 01, 2010
End Date Apr 20, 2026
Duration 5,710 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 30553
Grant Description

MOFCOM provides RMB 30 million interest-free loan to Ethiopia for unspecified purposes in September 2010 On September 1, 2010, China's Ministry of Commerce (MOFCOM and the Government of Ethiopia signed an RMB 30 million loan agreement for unspecified purposes.

📋 Loan / Grant Terms
💰 Loan Amountcarried an 18
📅 Maturity18.93 years
⏳ Grace Period10 years
💹 Interest Rate0%
📋 Staff Comments

1. The loan identification number in the Government of Ethiopia’s Debt Management and Financial Analysis System (DMFAS) is 20794000 and the corresponding project name in DMFAS is ‘CHINA GOV. LOAN No.2010/1’. See https://www.dropbox.com/scl/fi/je0aon75miofi6mt4q5q9/MOFED-Loan-Level-Data-on-Borrowing-Terms-and-Loan-Performance-September-2024_PUBLIC.xlsx?rlkey=murbb074v1px7g4njt0utzxnf&dl=0

📚 Sources & References
  • Public Sector Debt Statistical Bulletin: Bulletin No. 7 (2006/07-2010/11)
  • Chinese State Councilor
  • Ethiopian PM meet to enhance bilateral ties
  • Public Sector Debt Statistical Bulletin - No.7
  • MOFED Loan-Level Data on Borrowing Terms and Loan Performance September 2024_PUBLIC 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 Ethiopia

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