Chinese Government commits RMB 810 million for unspecified development projects

¥810K RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Zambia
Country	Zambia
Start Date	Mar 30, 2015
End Date	Apr 04, 2026
Duration	4,023 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`52171`

Grant Description

On 30 March 2015, the Chinese Government committed a total RMB 810 million to the Government of Zambia through two separate grant and loan agreements-- one worth RMB 400 million and the other RMB 410 million. It is unclear which is which.

These two agreements were signed by Zambia’s Finance Minister, Alexander Chikwanda, and China’s Minister of Commerce, Gao Hu Cheng. It is unclear how the Government of Zambia spent the grant and loan proceeds from these agreements.

📋 Staff Comments

The wording of the attached articles is vague and AidData did not find any sources that verified which transaction amount matched which flow type. However, 410 million RMB is roughly equal to $65 million USD which was intended for a communications tower project captured in project #53093.

📚 Sources & References

Zambia secures million-dollar loan from China
Zambia Secures U.S.$130 Million Loan for Towers
赞比亚总统结束访华之行
习近平同赞比亚总统伦古举行会谈 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.