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Active Development AidData Chinese Aid

Chinese Government provides $6.8 million USD loan for North Kordofan Solar Energy Project (Linked to Record ID#47044)

$6.79M USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Sudan
Country Sudan
Start Date Jan 01, 2007
End Date Jul 10, 2031
Duration 8,956 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 47208
Grant Description

Chinese Government provides $6.8 million USD loan for North Kordofan Solar Energy Project In 2007, the Chinese Government and the Government of Sudan signed a $6,788,992 USD loan agreement for the North Kordofan Solar Energy Project.

📋 Loan / Grant Terms
💰 Loan Amountcarried a 5% interest rate
💹 Interest Rate5%
🔁 Repayment Period3.5 years

All other project details are unknown. In 2006, China Eximbank provided an additional $4.6 million USD loan for the same project (see Record ID#47044).

📋 Staff Comments

In the database of Chinese loan commitments released by SAIS-CARI, the maturity of the loan is recorded as 3.5-years; however, AidData relies on the Bank of Sudan Government source, which states that this is the repayment period.

📚 Sources & References
  • China
  • Chinese Loans to Africa Database
  • Bank of Sudan 2007 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.
All Grantees

Government of Sudan

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