Active Development AidData Chinese Aid

China Eximbank provides RMB 210 million government concessional loan for the Lomé and 10 Interior Towns Electricity Distribution Network Project (Linked to Record ID#72803 and #72737)

¥210M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Togo
Country	Togo
Start Date	Feb 14, 2014
End Date	Jan 27, 2028
Duration	5,095 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`36406`

Grant Description

China Eximbank provides RMB 210 million government concessional loan for the Lomé and 10 Interior Towns Electricity Distribution Network Project On December 27, 2013, as part of a series of agreements signed (for these other agreements, see linked Record ID#72803), Chinese Ambassador to Togo, Liu Yuxi, and Togolese Minister of Economy and Finance, Adji Othèth Ayassor, signed am RMB 210 million (or CFA 15 billion franc) preferential loan framework agreement for the Lomé and 10 Interior Towns Electricity Distribution Network Project.

Then, on February 14, 2014, the Export-Import Bank of China and the Ministry of Economy and Finance of the Republic of Togo finalized the RMB 210 million government concessional loan (GCL) agreement for the project.

📋 Loan / Grant Terms

📅 Maturity20.2271 years

⏳ Grace Period6.3639 years

💹 Interest Rate1.8728%

The proceeds of the loan were used to finance a commercial contract with TBEA that was signed on April 26, 2012. China Eximbank disbursed $15,488,980 in support of the project in 2015.

The project involved the strengthening of an electricity distribution network in the capital city of Lomé and in 10 towns in the interior of Togo.

TBEA Co., Ltd. was the contractor responsible for implementation; its affiliate TBEA Nanjing Intelligent Electric Co., Ltd. was also involved in implementation. Togo's Ministry of Mines and Energy was the project's beneficiary ministry.

The project has entered implementation because some of the loan proceeds have been disbursed, but its precise implementation start and end dates are unknown.

📋 Staff Comments

This project is also known as the second phase of the 161/66/20 kV Sokodé Substation and Transmission Line Construction Project.
The first phase of the 161/66/20 kV Sokodé Substation and Transmission Line Construction Project was also financed by China Eximbank (as captured via Project ID#72737).
The French project title is Le renforcement et extension du réseau électrique de distribution de Lomé et des villes de l'intérieur or Le renforcement et l’extension du réseau de distribution de Lomé et de 10 villes de l’intérieur or Projet d'extension et de renforcement d'électricité. The Chinese project title is 多哥共和国各大城市及洛美周边地区配网巩固和扩建项目.
The China Eximbank loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020. Nor is it included in the the Chinese Overseas Development Finance Dataset published by Boston University’s Global Development Policy Center in December 2020.
Some sources referred to the face value of the loan as CFA 15 billion francs. However, AidData has relied upon the RMB 210 million estimate since it is more likely that China Eximbank denominated this loan in RMB than in CFA.
The estimated borrowing terms (maturity, grace period, and interest rate) of the loan are drawn from the World Bank's Debtor Reporting System (DRS). See https://www.dropbox.com/s/2sw4f7gluxa52fk/DRS%20Official%20Commitments%20from%20China%20Through%202021.xlsx?dl=0 and https://www.dropbox.com/s/ab8qt4n6jijcbhd/IDS_Average%20interest%20on%20new%20external%20debt%20commitments.xlsx?dl=0 and https://www.dropbox.com/s/949n5rctiue6d7c/IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments.xlsx?dl=0

📚 Sources & References

China,Togo : 4 loan agreements signed by China and Togo
Togo: China
Togo sign 4 loan agreements
Rapport Sur L'Aide Publique au Developpement RAPD 2015
Togo-rapport sur l’aide publique au développement 2016
Rapport Sur L'Aide Publique au Developpement RAPD 2014
Sokodé déploie toute son énergie
New transformer station inaugurated in Togo
多哥总统福雷出席特变电工索科地变电站和输电线项目开工奠基仪式
Campus Recruitment for TBEA
Interview : Dr Gnandé DJETELI
DG de la CEET
Grands projets d'électrification au Togo
Nouveau chèque de 63 milliards de la Chine
中多签署经济技术合作协定和优惠贷款框架协议
中多合作之电力篇：特变电工“161/66/20kV索科地变电站和输电线路项目简介
AUGMENTER LE TAUX D’ACCÈS À L’ÉLECTRICITÉ
多哥的基础设施状况
公司介绍
N 0139 du 16 au 22 Septembre 2014
对外投资合作国别（地区）指南多哥（2020年版)
对外投资合作国别（地区）指南多哥（2019年版）
驻多哥大使刘豫锡与多哥经济财政部长签署中多经济技术合作协定和优惠贷款框架协议
China's Overseas Development Finance
对外投资合作国别（地区）指南特立尼达和多巴哥（2019年版） 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 Togo

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