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Active Development AidData Chinese Aid

Chinese Government commits RMB 10 million interest-free loan — through ETCA — for unspecified projects to support National Development Plan

¥10M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Botswana
Country Botswana
Start Date Jan 01, 2009
End Date Mar 07, 2026
Duration 6,274 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 36
Grant Description

Chinese Government commits RMB 10 million interest-free loan — through ETCA — for unspecified projects to support National Development Plan The Chinese government gave Botswana an interest-free loan amounting to 10 million RMB to help Botswana implement some of its priority projects in National Development Plan (NDP 10).

Matambo said consultations were still ongoing regarding projects to be implemented with the earlier grant. The agreement was signed between May 24th and 26th, 2009, as an economic and technical cooperation agreement.

📋 Staff Comments

This project is not to be confused with project ID#37 Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References
  • China Extends Another Grant to Country
  • 商务部钟山副部长率中国政府经贸代表团访问博茨瓦纳 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 Botswana

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