China Eximbank provides $4.6 million USD loan for North Kordofan Solar Energy Project (Linked to Record ID#47208)

$4.6M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Feb 20, 2006
End Date	Feb 17, 2033
Duration	9,859 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`47044`

Grant Description

China Eximbank provides $4.6 million USD loan for North Kordofan Solar Energy Project On 20 February 2006, China Eximbank and the Government of Sudan signed a $4.6 million USD loan agreement for the North Kordofan Solar Energy Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried a 3

📅 Maturity8 years

⏳ Grace Period1 year

💹 Interest Rate3.4%

All other project details are unknown.

The following year, the Chinese Government provided an additional $6.7 million USD loan for the same project (see Record ID#47208).

📚 Sources & References

Scoping Study on Chinese relations with Sudan
CENTRAL BANK OF SUDAN 46TH ANNUAL REPORT 2006
About North Kordofan
CENTRAL BANK OF SUDAN 46TH ANNUAL REPORT 2006
Chinese Loans to Africa Database
External Debts
Growth and Peace in the Sudan Some Serious Challenges Facing the Country in the Post-Conflict Era
Scoping study on Chinese relations with Sudan
Bank of Sudan 2006 Annual Report 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.