Active Development AidData Chinese Aid

Chinese Government provides $74 million loan to facilitate acquisition of agricultural production inputs (Linked to Record ID#36144, #36145)

$74M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Sudan Ministry of Agriculture
Country	Sudan
Start Date	May 01, 2014
End Date	Apr 19, 2029
Duration	5,467 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`36146`

Grant Description

Chinese Government provides $74 million loan to facilitate acquisition of agricultural production inputs In May 2014, Sudan's Minister of Agriculture and Irrigation, Ibrahim Mahmud Hamid, announced that the Chinese Government signed three different financing agreements for agricultural projects. One of these agreements provided a $74 million loan to the Sudan Ministry of Agriculture to purchase production inputs.

The Chinese Government also established an 'investment team' in Sudan.

The group, comprised of Chinese ministers of agriculture and trade, was expected to work alongside Chinese banks investing in Sudan. These projects were to focus on food security and agricultural projects.

📋 Staff Comments

1. Other agreements signed during the May 2014 visit included a $14 million interest-free loan (see Project ID#36145) and a $36 million grant (see Project ID#36144).

📚 Sources & References

Ibrahim Mahmoud Affirms Sudan Keenness to Consolidate its Economic Relations with China
China gives Sudan 36m dollar grant 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.